![]() Working from a book by Ben Mezrich (who also wrote the non-fiction book adapted into “ The Social Network”), Blum and Angelo tell this story across a pretty wide canvas. It led to Congressional investigations, including implications that Gill himself had insider knowledge, because how could someone from the sector of investors that the fat cats call “dumb money” have lost them billions? ![]() An open market relies on buying and selling, which means someone here cheated. Gill became a multi-millionaire on paper but held onto the stock, sending billionaires into a tizzy, leading to a day-trading company called RobinHood colluding with a hedge fund owner to stop stock trading. When Gill convinced his followers, mostly young people, to buy GameStop stock, it skyrocketed many times over its initial low buy-in. The simplest way to explain this is that major hedge funds make a fortune off the failure of companies, essentially betting that they will go under and profiting off job loss and financial ruin. Paul Dano grounds the film as Keith Gill, aka Roaring Kitty, a relatively unknown personality on the Reddit channel wallstreetbets, who became massive when he orchestrated a short squeeze against GameStop.
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