Eat the Rich: The GameStop Saga

The whole thing felt like some sort of low effort attempt to capitlize on the Gamestop craze. As someone who works in finance I was annoyed at the how many things were not entirely accurate, misleading, or just plain wrong. I watched this wanting to know more about the people involved and more about not only what happened during the short squeeze from January 2021 but wanting to know more about what is currently happening with Gamestop and was dissapointed on both fronts. There former was poorly explained and instead I had to suffer through memes that were shoehorned in for fan service and the latter non-existent. No mention of the direct registration movement, how a small group of investors currently own 55% of the free float (and growing) of a multi-billion dollar company, or any analysis into the realistic economic impact. I wish I hadn't wasted my time and am writing this in the hopes that it saves someone else hours of their life that would be better spent other ways. I honestly can't imagine who would get anything out of this series and struggle with identifying who the target audience even is because it sure isn't "people who want to know more about the Gamestop saga".

I would equate "Eat the Rich: The GameStop Saga" to a documentary made about Casey/Kaylee Anthony that omitted the evidence found in the trunk of Casey's car, did not mention Casey's behavior following the disappearance of her daughter, and was written by Casey Anthony herself. For anyone remotely familiar with this infamous case, you get the picture? Such a misleading documentary with essentially all of the evidence omitted would of course skew the story itself, but having the storyline dictated by Casey herself? You can be sure the information provided will be biased. Would you trust the information provided in a documentary about a murder written by the prime suspect? No?

This is what "Eat the Rich: The GameStop Saga" is. A documentary outlining events with key details removed, created and bolstered by individuals with not only an extreme bias, but also intentional ignorance of the totality of the facts. If you're looking for tangible fact, this documentary is not a source you should look to.

I always gather information from a variety of sources whenever I decide to read up on an event/topic. This ensures that I do not succumb to bias and am able to form my own independent opinion. If you would like to get more of the facts and form an opinion for yourself, I would recommend giving "The Diamond Handbook" a read. Just google "The Diamond Handbook Reddit" and you will find it.

The makers missed the point of the whole movement and who is to blame for the current situation. No mention of the current driver behind the movement (Superstonk subreddit) or the never before seen move by retail investors to direct register their shares and pull them off the market to prevent abusive short selling by hedge funds. It's almost as if this documentary was made or influenced by those in power that have something to lose if the little man succeeds. Any authentic look at the GameStop saga must at it's heart center around the primary motivation to fight corruption in the system and take on these global financial powers, not the "Eat The Rich" mentality this documentary pitches. This story is far from over and will not end until people at the center of the corruption in the financial world are held accountable.

Listen, I know Netflix Documentaries are usually said to not be too good and/or biased. But to be fair I'm not here to get, like, all the details and information from only this source HOWEVER what I'm here fore is a basic understanding and rundown of things so I can see if it is worth my time to do my own research.

I didn't really watch the news around the time all of this went down so "GameStop" was only "that one American company that kinda crashed the Wallstreet or something" to me. This little documentary series was amazing to give me a quick overview of what happened, so that I now have a (admittedly probably very rough) picture of the whole thing.

It might have felt very subjective but I still appreciated the opportunity to save me a tremendous amout of time for research. Admittedly, this was the most comfortable option.

I honestly do not think they did any other research than the facts that were provided to them by their corporate overlords.

Mostly talking points from MSM.

The conclusion that retail investors, those of us with the least amount of money, power, and corruption conspired to crash the economy only leads to a bigger question....

Why is is so detrimental to our society that people invest in a stock, GME, in this instance, and hold on to it for appreciation?

Absolutely dumbfounding that the principles of stock ownership do not apply, and are sinisterized.

UNLESS.....there may actually be more going on behind the curtains. You have to wonder...why this group of individual investors poses such a threat to society...the truth with set you free.

Oh yeah...Cramer is a tool. Who the hell can take this joke of a commentator seriously. If you question his motives, check out the video of him talking about how to manipulate stock prices and public sentiment.

He should be in jail not on cable "news".