Amateur Traders Take On Wall Street Establishment in GameStop Saga
- Keith Gill, known as "Roaring Kitty," urged followers on Reddit to invest in GameStop, causing a short squeeze.
- The new movie "Dumb Money" dramatizes the events, portraying the story as a David vs. Goliath tale.
- Gill and other amateur traders forced hedge funds like Melvin Capital to buy more GameStop stock at inflated prices.
- The frenzy caught widespread attention, exposing frustrations with the perceived Wall Street system.
- While simplified, the movie captures the mood and sense of community behind the GameStop craze.