The true story of the original diamond hands who outplayed Wall Street.
2022-01-28
N/A
94 min
From the makers of Console Wars comes the origin story of the GameStop stock market phenomenon, featuring exclusive access to the original players who lit the fuse on a historic amateur investor uprising. Spotlighting the human side of a sensational business drama, this documentary is a David vs Goliath tale about ordinary people waking up to the power they have in numbers.
Documentary tells little about what happened
It’s about a group of people that bet everything on the stock market because they believed GameStop had a higher perceived value than $3. The only thing really good about this documentary is exposing the extreme dishonesty of RobinHood, an online trading company that betrayed its users by halting all buying of GameStop, to help the short sellers of GameStop. Everyone associated with this should have gone to prison.
I know what a short squeeze is and understand short selling in the stock market. You borrow stock, expecting it to drop. You later cover your short position, by buying it when it is hopefully cheaper.
The documentary provided no information about the fundamentals of GameStop's financial condition, just vague statements about how the individuals portrayed in this film drove the stock price up, squeezing those with short positions.
