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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.
- 2 min
A three-part series that explores the Reddit-fueled stock market phenomenon of 2021, featuring interviews with investors, traders, and experts. Watch the trailer, see the cast and crew, and read user and critic reviews on IMDb.
- (4.3K)
- 2022-09-28
- Documentary
- 36
- Breaking down the meme stocks.
- How much do you know about the GameStop stock saga?
- Verdict
- GeneratedCaptionsTabForHeroSec
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...
A three-part series that explores the 2021 meme stock phenomenon and its impact on retail investors and hedge funds. It features interviews, explainers, and social media clips to break down the complex financial concepts and the human stories behind them.
- Zaki Hasan
Sep 28, 2022 · Eat the Rich: The GameStop Saga Fails Its Heroes—And Villains. For a docuseries about a complex finance story, Netflix's Eat the Rich is remarkably elementary. By John McDermott...
- 2 min
A comedy series about a group of young investors who try to save GameStop from Wall Street sharks. Watch the trailer and see the ratings and reviews from critics and users on Rotten Tomatoes.
What is Eat The Rich: The GameStop Saga About? Trailer, Release Date - Netflix Tudum. The story of how Roaring Kitty Keith Gill and the WallStreetBets Reddit community took down Wall Street.
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