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A Community Of Amateur Traders Enacts A Daring Plan

A Community of Amateur Traders Enacts a Daring Plan

'Eat the Rich: The GameStop Saga' on Netflix

A humorous documentary series follows a group of millennial misfits who banded together to take on Wall Street.

Netflix's three-part docuseries "Eat the Rich: The GameStop Saga" tells the story of a group of amateur traders who banded together to take on Wall Street. The series follows the traders as they enact a daring plan to squeeze short sellers and send GameStop's stock price soaring.

The GameStop Saga began in early 2021, when a group of Reddit users began to notice that GameStop's stock was heavily shorted by hedge funds. The traders banded together on the subreddit r/WallStreetBets and began to buy up GameStop's stock, driving the price up. The hedge funds were forced to cover their short positions, which caused the stock price to rise even further.

The GameStop Saga was a major event in the financial world, and it has been the subject of much debate. Some people have praised the traders for their ingenuity and for taking on Wall Street. Others have criticized the traders for their recklessness and for potentially destabilizing the financial system.


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