Movie《Silly Money》Plot Introduction

What is the movie - Dumb Money - about?What are the main plots?If you want to know these contents, you might as well read the introduction of this article. I hope that through the content of the article, you can better understand the content of 《Stupid Money》.

Movie《Silly Money》Plot Introduction

The movie - Stupid Money - is adapted from the 2021 GameStop stock surge incident. It tells the story of how retail investors gathered together on the forum to fight against Wall Street.

Retail stock investors in the WSB Forum, represented by Gill, insist on long holding a GME company that operates games through financial leverage tools such as options, while Wall Street hedge fund bosses short the company because of GME's poor performance and unstable management.For stocks, retail investors finally united to defeat the arrogant Wall Street funds and made the other party bankrupt.

Gill and his partners on the WSB forum decided to take extreme measures and firmly hold GME stock by purchasing options and other financial leverage instruments.They believe that GME has the potential to rise in the gaming market, even though Wall Street hedge fund bosses are pessimistic about the company's prospects.

Wall Street hedge fund bosses have an arrogant attitude and have chosen to short GME stocks.They took advantage of the company's poor performance and shaky management to predict a sharp decline in the stock.However, they did not expect that Gill and his team would support GME so firmly.

The market began to fluctuate violently, and stock prices soared.Undeterred by Wall Street pressure, Gill and his partners stuck to their investment strategy.In a short period of time, the price of GME stock rose from a few dollars to hundreds of dollars.

Wall Street hedge fund bosses were shocked and panicked. They did not expect the unity and determination of retail investors.Their short-selling strategy failed, but Gill and his team made a lot of money.

Eventually, some hedge funds were unable to sustain huge losses and were forced to declare bankruptcy.This story has become a legend in the history of Wall Street. Through unity, retail investors successfully defeated the Wall Street fund bosses who looked down on them.This incident also caused a re-examination and reform of the Wall Street financial system.

The above is a comprehensive introduction to the plot of the movie - Dumb Money -. I hope this article can be helpful to you.In the future, the editor will continue to work hard to bring you more articles about film and television information.We will continue to pay attention to the latest developments and topics in this field and present you with detailed and rich content.Please stay tuned for the follow-up content of our dialogue course!