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Wall Street was the real winner of the GameStop saga

economist.com

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Re: Wall Street was the real winner of the GameStop saga

#4
It was a weird, fun ride. My writing partner Lutz and I work in tech, but have a real passion for filmmaking. We lost some money on $GME, so we had to tell the story from our point of view.

The result is STONKS, a comedy/drama feature screenplay [0], fictional but inspired by the GME events, and a love letter of sorts to WSB. We queried Hollywood producers but were ignored; we shared on WSB itself but we were insta-banned and never told why (but given the founder sold the rights to his life story to Hollywood [1], we can make an informed guess).

Anyway, here it is. Feedback welcome.

[0] https://gabrielgambetta.com/files/STONKS-2022-02-02.pdf

[1] https://www.wsj.com/articles/reddits-wallstreetbets-founder-...

Re: Wall Street was the real winner of the GameStop saga

#7
post #6

There are still many retail investors who think the saga is far from over, and are now betting on direct registration (DRS) of their GME shares with the goal of triggering another, much bigger short squeeze than last year.

Also known as the Mother Of All Collective Delusions

Re: Wall Street was the real winner of the GameStop saga

#8
post #6

There are still many retail investors who think the saga is far from over, and are now betting on direct registration (DRS) of their GME shares with the goal of triggering another, much bigger short squeeze than last year.

Also known as the Mother Of All Collective Delusions

Yeah, yet not even cool enough to get its own phrase in the zeitgeist like "Drink the Kool-Aid"

Re: Wall Street was the real winner of the GameStop saga

#10

So because people traded (sometimes) using services that had associated fees... Wall Street won? There's nothing in this article that supports the click bait title.

Because what linked is just a promo for the book by Spencer Jakab "The Revolution That Wasn't"
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