GameStop saga get a movie

Illustration for the article entitled Earth Salt Billionaires Bankroll GameStop Movie

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As soon as the short GameStop game took place, which made the millionaires of young pirates organize a raid on Wall Street, a cabal of billionaires and institutions faced the most important question, which is:eah, but where do I fit in? At least one person asked how soon he can write the book that becomes a movie and therefore the deadline reports, MGM has a deal with Gamestop.

Or rather, “he acquired the book proposal The antisocial network from New York Times best-selling author Ben Mezrich, ”who is still shopping around the book. Bitcoin billionaires and hedge fund Winklevoss twin investors produce executive and, by chance, toured like vox peoples. (Probable, the part where they was broken on CNBC comparing Blocking the Robinhood transaction for being forced to dine outdoors in Manhattan will be omitted from this story.) Incidentally, Mezrich wrote a book about twins and also sold the rights to the film to that book before it’s finished.

If you didn’t follow them, members of the WallStreetBets subreddit did their homework and realized that hedge funds bought big short positions in the associated retailer GameStop. Hedge funds have bet that the stock will decline; in large enough numbers, retail investors (little boys) could bet against them and, in essence, will force prices to rise. They make money, hedge funds take a of a few billion dollars hit. (See a nice overview for mannequins via WSB Here.) Soon, this led to another series of at least a dozen other inflated stocks, although many WallStreetBets users have accused Wall Streeters of using these actions, which are probably less shortened as a distraction. Some also believe that hedge funds could lie about selling short positions in an attempt to get Redditors to run away.

We still don’t know how this will be solved, but here’s what we know: someone will get stuck holding the bag – tradically we are …and hedge funds have a large reserve resources to shoot from.

Usually, a successful film is made anyway.

Anyway, Mezrich already he set out his vision in the middle of last week, he was posting on Twitter “a red tape[sic] getting on Wall Street is actually a pretty good movie. “By Friday,” Deadline reports, “MGM has taken over the rights to the film.” This morning, he is choosing tweets that should enters the film and is also tweeting the pundits instructing them to cover the news of the movie that could go into the the movie.

We will clock? It depends if they can get Helen Mirren attached. Willem Dafoe will play Reddit (speculative), Elon Musk he will play alone (confirmed and yes, of course he is involved). I’m not sure who plays the guy who loses his life savings, but it’s an evolving story with a lot of moving parts.

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