They liked the stock, and now it’s time to pump the doc. The trailer for docuseries Eat the Rich: The GameStop Saga just dropped, and the story of how a group of online misfits took down Wall Street’s biggest hedge funds is just as wild as when it happened — shockingly — only a year-and-a-half ago. Let’s dive in.
For those who might need a reminder of how it all went down: In 2021, during the height of the COVID-19 pandemic, a group of retail investors congregated on Reddit, Discord and other social media platforms to devise a plan: They were going to snap up an unimaginable amount of GameStop stock with the explicit intention of thwarting the hedge funds trying to short sell it and make money off the video game retailer’s demise. Legions of amateur traders started buying GME with the intent to send the stock “to the moon,” thus destroying Wall Street’s grand plans and making a boatload of money in the process. Seem simple enough? Hardly.
Eat the Rich tells the story of over a dozen of those key players, including both those who lost big and won huge in the process. The docuseries shows interviews with Matt Kohrs, Austin Tobitt and Alvan Chow, aka “jeffamazon.” Featuring plenty of risky decisions, online absurdity and a language all its own, this three-part series is a David and Goliath tale for the internet age — because on the internet, you can’t always tell who the heroes and monsters are.
All episodes will be available Sept. 28.
