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The markets are in the hands of the geeks: the stock market is everyone's Israel today

2021-11-17T06:51:22.560Z


The docu-game "Gamestop: The Big Squeeze" accompanies the days of drama and stock market fluctuations, but mostly puts us behind the scenes of the small investors' revolt, which is woven entirely online, and interestingly focuses on the positive power networks give every tweeter and talkbacker


In January 2021, at the height of the Corona epidemic, if we were all asked which stock in the capital market it would be worth betting on, the answer would most likely have been the pharmaceutical companies Pfizer and Moderna.

The solid ones among us were answering Rami Levy Shikma Marketing and its peers, who were defined as "essential businesses" and who still saw incoming customers and cash registers.

No one was putting their money on a network of physical stores selling computer games and electronics called GameStop, which even on open days had to put in up to five nerds a day.

In fact, the powerful players in the capital market have gambled that GAME STOP will soon announce .GAME OVER

The movie GAME STOP -The Big Squeeze squeezes the lemon out of that revolutionary story and makes it a refreshing lemonade, certainly for those of us who collapse under the cost of living and the economic burden.

We all remember the days when Matan Khodorovim and Arad Nirim of sorts wound up in articles in the newscasts, telling us about a small American stock that is raging up and driving Wall Street crazy.

If then you did not understand exactly how a bunch of investors from social networks managed to get rich and defeat the capital market players - now we have a chance to get to know these nerds up close.

Not Matan and Arad, those who led the revolution.

"Gamestop was a joke in the market, it presented bad balance sheets and with the Corona it was supposed to close," says one of the heavy investors who was waiting for its downfall - but how do you say?

The shortstops make plans, and God laughs from above.

And no, that's not a euphemism for something else.

For those of us who are deterred by the economic sphere, we will make it clear that you have nothing to worry about.

In the end, it is a film "David vs. Goliath" between the people of the "old capital", the rich and soulless investors, and the hard-working geeks who decided to take revenge on them, take them into economic turmoil and make millions out of it.

In the great Hollywood movie "The Big Short!" We first met the shortlisters, the same group of investors in "Missing" who yearn for the fall of stocks and the crash of companies.

These are huge sum gamblers, who in the film wisely foresaw the impending disaster in the American mortgage industry - and successfully gambled on the collapse of the country's major banks.

In the same film, they were portrayed as a small, independent group of analysts who surpassed the big scam in the real estate industry and benefited from the inevitable crash.

In the current test, they sit in front of the camera knowing that the bad guys have come out, who gambled on the collapse of an innocent chain of stores that provides for the little person from the community. The docu accompanies the days of drama and stock market fluctuations, but mostly puts us behind the scenes of the small investors revolt, woven entirely online by charismatic YouTubers and a crazy and amusing water industry that led the campaign. To his credit he also brings to revealing interviews the sharks that fell in the net (literally), but the little fishermen are heroes of the time: a hair stylist from a small town in the southern U.S., an Uber driver who didn’t finish the month, and a lumberjack who just joined the celebration of revenge and profits.

Alongside accompanying the days of the revolution, the filmmakers take the story a step further and reach out to startups, which are already working to make the capital market democratic, and develop dedicated apps to undermine the monopoly of large investment entities and make the stock market accessible to all of us.

It is interesting to see how in the days when social networks are under justified global criticism of the level of discourse of surfers, violence and low language, a little story comes up on the other side of the coin: the positive power that networks give every tweeter and talkbackist to change reality and life. There is the option to beat the strongest and most powerful by knockout, if only for one round in the arena.

"Gamestop: The Big Squeeze", yes docu, 22:00

Source: israelhayom

All news articles on 2021-11-17

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