Eat the Rich: The GameStop Saga

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.

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.

This movie is clearly just trying to capitalize on the current movement for financial freedome in the GME saga. The facts in this movie are soo FAR OFF its just pathetic. While it may hit the mark on a few things (What Short Selling Is, what a Market Maker is, etc) it misses the root issue by a LONG SHOT.

The director and staff have cut up interviews to grab pieces out of context to spin a narrative that puts the movement in the wrong light.

TBH, even if you just are bored and looking for something to watch, just choose something else that would actually be funny/informative/creative instead of this!

This movie attempts to paint independent retail investors (average people) as traders coordinating to destroy the market. It ignores the fact that hedge funds and market makers continue to exploit loopholes to defraud retail investors of billions of dollars, while destroying legitimate companies (such as through death spiral financing, cellar-boxing, and under-reported swaps). These are the same people responsible for the Great Financial Crisis, using the same tricks, because they were never held accountable. Instead, average people were made to bail them out.

The movie conveniently neglects to mention that this is an ongoing situation in which the "big fish" are still trapped, and that leads to the goal of the whole "documentary": To mislead you into thinking that the whole "GameStop Saga" has concluded. It hasn't. That's what the GME movement is about: Register your shares in your name and prove that Wall Street has produced counterfeit shares.

See drsgme . Org.

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".