October 6, 2022

A Reddit meme meets a hedge fund within the new trailer for Eat the Wealthy: The GameStop Saga. The three-part docuseries premiers on Netflix September twenty eighth.

“The pandemic hit. All these individuals had been suddenly fascinated by earning profits on the inventory market,” one speaking head says to open the trailer. We hear about GameStop, a “dying brick and mortar retailer,” and the hedge funds that shorted it, anticipating it to fail. Then the Reddit board /r/WallStreetBets heard in regards to the squeeze and determined to guess the opposite means. “The losses for short-sellers had been within the tens of billions of {dollars},” one particular person says.

Director Theo Love talks to a colourful forged of Redditors, together with a man exhibiting far an excessive amount of chest hair who calls Elon Musk, “The large daddy.”

In an announcement, Love mentioned, “My crew and I had the privilege of interviewing a few of the prime economists, lawmakers, legislation enforcement, traders, fin-fluencers and designers of our fashionable monetary system, whereas the web investing neighborhood was a treasure trove of wonderful characters who had guess large on the brief squeeze.”

Try the trailer for Eat the Wealthy: The GameStop Saga under. And in case you can’t get sufficient of the story, simply anticipate the  function movie based mostly on the occasions starring Seth Rogen, Pete Davidson, Sebastian Stan, and Paul Dano.

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