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Watch Eat the Rich: The GameStop Saga | Netflix Official Site. A community of amateur traders enacts a daring plan to get rich quick and wreak havoc on the stock market. But can they beat Wall Street at its own game? Watch trailers & learn more.
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- September 28, 2022
This humorous documentary series follows a group of millennial misfits who banded together online to rescue their beloved GameStop from the clutches of Wall ...
- 2 min
- 249.4K
- Netflix
- Breaking down the meme stocks.
- How much do you know about the GameStop stock saga?
- Verdict
By Zaki Hasan
Updated: Oct 8, 2022 2:10 pm
Posted: Oct 5, 2022 6:00 pm
Eat the Rich: The GameStop Saga is now streaming on Netflix.
Eat the Rich: The GameStop Saga does an admirable job boiling down the events from early 2021, wherein a group of stuck-at-home day traders used the Robinhood app to buy up shares of the bottoming-out GameStop. This short-squeeze, as it’s called, drove up the price of the stocks while also putting in jeopardy several of the hedge funds that had bet on the company’s impending failure. At the time, it was a story that inspired a kind of car wreck fascination while various TV talking heads quickly labeled it a “David vs. Goliath” story.
Of course, once the fleeting fancy had passed and the media spotlight moved on, the stock eventually settled back to its level at or near the basement, a lot of retail investors lost a lot of money, and the hedge funds went right back on doing what they do –– shorting stocks and betting on other people’s economic misery. Cynical? Perhaps, but it’s a reality the new Netflix documentary series zeroes in on while trying to make a fairly complicated topic something the wider audience can get its arms around.
Know about it? I was buying shares!
I was fascinated while it was happening
I know the broad strokes of what went down
I know about it, but don't quite understand it
What?
In the age of social media, such wisdom from on high was no longer necessary, and with the arrival of Reddit forum wallstreetbets, we suddenly saw the rise of “meme stocks” which Redditors gleefully weaponized as a way to stick it to the fat cats. That’s obviously a reductive way to discuss what was and is a complicated, multi-pronged situation, with few clear cut “bad guys” and “good guys,” but social media has a way of boiling off the nuance from most discussions. And so you had TV personalities like Mad Money’s Jim Cramer –– who initially cheered on the Redditors driving up GameStop’s prices and encouraged them to cash out while they could –– being lampooned and belittled online, leading him to wonder aloud in the doc what he did wrong.
Theo Love’s Eat the Rich: The GameStop Saga is a breezy, easily digested summary of events recent enough to feel timely, but also just far enough in the past to require a recap of some of the messier details. It offers enough background to make the complicated subject matter something regular audiences will be able to follow, while still weaving in...
- Zaki Hasan
15 de sept. de 2022 · Netflix has released the trailer for its upcoming documentary series, Eat the Rich: The GameStop Saga, which is set to debut on the streaming giant globally on September 28, 2022.
Corte de mangas a Wall Street: La saga GameStop (Miniserie de TV) es una serie de televisión dirigida por Theo Love con Documental, Ray Buffer, Bryan Mittelstadt. Año: 2022. Título original: Eat the Rich: The GameStop Saga.
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- Theo Love
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Watch Eat the Rich: The GameStop Saga — Season 1 with a subscription on Netflix. Millennial misfits band together online to rescue their beloved GameStop from the clutches of Wall Street...
Millennial misfits band together online to rescue their beloved GameStop from the clutches of Wall Street bigwigs, in a viral David vs. Goliath story for the 21st...
