GameStop Bros Are Mad About Netflix's New Documentary
Netflix's stock might not be going to the moon.
You might remember in January of 2021 GameStop's stock price exploded as Redditors went to war with Wall Street investors. Basically, the investors bet on the company failing, and Redditors called their bluff. Now, this legendary war of wallets is getting the Netflix documentary treatment, and it's rubbing some people the wrong way.
We Thought They Wanted Attention
Eat the Rich: The GameStop Saga will shine a light and hopefully explain some of the finer details of finance other people may have trouble understanding. We certainly know what went down, but ... uh ... you know, other people may have problems knowing.
All you have to do is go over to r/SuperStonk on Reddit to find numerous posts saying the documentary is a poor portrayal of retail investors. Many implore their fellow compatriots to cancel their Netflix subscriptions in retaliation. And with the way Netflix has been hurting this year, that'd certainly cause them to feel the burn if the investors follow through.
But investors aren't the only ones who are mad. Stonk bros feel as though they didn't have enough input on the documentary. Plus, the trailer has the following line from journalist Taylor Lorenz: "Yolo, let's destroy the economy."
Granted, Redditors don't exactly seem to be canceling en masse. Few have shared images proving they had a Netflix subscription in the first place and that they subsequently canceled said subscription.
Perhaps we should all wait until the documentary is actually out before casting judgment on it.
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