Same typa ole b.s. elite have used to manipulate markets and create wealth for centuries...is only a problem when smart ass working class get at it..
Investing: WTF?!? People Are Heavily Trading AMC & Gamestop Stocks Because of Reddit
- Thread starter playahaitian
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Netflix Finalizing GameStop Stock Movie Package; Mark Boal In Talks To Write, Noah Centineo Attached, Scott Galloway To Consult
By Mike Fleming Jr
Mike Fleming Jr
Co-Editor-in-Chief, Film
@DeadlineMikeMore Stories By Mike
EXCLUSIVE: As Wall Street developments unfold in real time in the David V Goliath battle between hedge funds and social media-fueled day traders that sent shares of GameStop soaring 135% on a single day, a bull market is developing for projects chronicling this unprecedented episode and its greater implications.
Deadline hears Netflix is in talks to make an untitled film that Mark Boal is in negotiations to write. He’s the Oscar winning screenwriter of The Hurt Locker and Zero Dark Thirty. Noah Centineo will be attached to play a major role — Centineo starred in the Netflix film To All The Boys I’ve Loved Before, completed the Jackie Chan-directed The Diary and will play Atom Smasher opposite Dwayne Johnson in the Jaume Collet-Serra-directed Black Adam. Scott Galloway, the activist/journalist and NYU prof and an expert on tech issues who teams on the the popular Pivot podcast, is in talks to consult on the script.
Noah CentineoEvan Agostini/Invision/AP
Makeready founder/CEO Brad Weston will produce the film with Definition Entertainment’s Nick Styne, with Mark Sourian aboard as executive producer.
This follows close on the heels of last night’s Deadline scoop that MGM acquired in bidding a book proposal by Ben Mezrich about the GameStop trading. His previous books include The Accidential Billionaires, which became a pillar of The Social Network.
Netflix declined comment on the Mark Boal project, but sources said the intention is to use the GameStop episode as a specific way to shine a light on the phenomenon of how social media has leveled the playing field and allowed the masses to challenge status quo gatekeepers, for good and bad. The examples range from the stock spike for GameStop, AMC and other formerly lagging stocks that are subject to the short-selling maneuvers of billion-dollar hedge funds, to the social media spread of unfounded election rigging charges conveyed by conservative social media sites and Trump Tweets that fired up right wing extremists to storm the Capitol while President Biden’s election was being certified, leading to the death of five people.
The ripples of the Reddit rebellion has struck at the core of some hedge funds in a way that is reminiscent of the greed-fueled subprime mortgage bundling that caused the 2008 financial collapse, captured in the Oscar-winning The Big Short, which New Regency co-financed while Weston ran that production company. That film will certainly be a model for the GameStop dissection, and sources said there are several potential rival projects mobilizing to tell the story.
44 Blue
The general rule when competitive projects emerge is that the first one in production is often the only one made. Netflix makes its pictures quickly and Boal seems ideal for such a real time exercise. He and director Kathryn Bigelow were working on a film about an unsuccessful hunt for Osama Bin Laden, but the moment President Barack Obama announced that the 9/11 mastermind had been killed by Navy SEALs, they quickly pivoted and constructed the manhunt story into the Best Picture nominee Zero Dark Thirty. The turnaround time on that pivot was remarkably fast.
The drama on the GameStop stock rise continues to play out in today’s stock trading. The phenomenon was led by Kevin Gill, who rallied Reddit users to rebel against hedge funds betting heavily against the brick and mortar vidgame retailer GameStop. Though it fluctuates daily, an investment of $53,000 in GameStop he made in 2019 turned into a position worth nearly $48 million, according to his Reddit posts. Gill has not yet sold his life rights. I wouldn’t be surprised if he gets a few knocks on his door from Hollywood, but this drama is playing out so publicly in real time that it is unclear how vital rights will be in telling this story onscreen.
Boal and Galloway are repped by WME, Centineo by CAA and Definition Entertainment.
By Mike Fleming Jr
Mike Fleming Jr
Co-Editor-in-Chief, Film
@DeadlineMikeMore Stories By Mike
EXCLUSIVE: As Wall Street developments unfold in real time in the David V Goliath battle between hedge funds and social media-fueled day traders that sent shares of GameStop soaring 135% on a single day, a bull market is developing for projects chronicling this unprecedented episode and its greater implications.
Deadline hears Netflix is in talks to make an untitled film that Mark Boal is in negotiations to write. He’s the Oscar winning screenwriter of The Hurt Locker and Zero Dark Thirty. Noah Centineo will be attached to play a major role — Centineo starred in the Netflix film To All The Boys I’ve Loved Before, completed the Jackie Chan-directed The Diary and will play Atom Smasher opposite Dwayne Johnson in the Jaume Collet-Serra-directed Black Adam. Scott Galloway, the activist/journalist and NYU prof and an expert on tech issues who teams on the the popular Pivot podcast, is in talks to consult on the script.
Noah CentineoEvan Agostini/Invision/AP
Makeready founder/CEO Brad Weston will produce the film with Definition Entertainment’s Nick Styne, with Mark Sourian aboard as executive producer.
This follows close on the heels of last night’s Deadline scoop that MGM acquired in bidding a book proposal by Ben Mezrich about the GameStop trading. His previous books include The Accidential Billionaires, which became a pillar of The Social Network.
Netflix declined comment on the Mark Boal project, but sources said the intention is to use the GameStop episode as a specific way to shine a light on the phenomenon of how social media has leveled the playing field and allowed the masses to challenge status quo gatekeepers, for good and bad. The examples range from the stock spike for GameStop, AMC and other formerly lagging stocks that are subject to the short-selling maneuvers of billion-dollar hedge funds, to the social media spread of unfounded election rigging charges conveyed by conservative social media sites and Trump Tweets that fired up right wing extremists to storm the Capitol while President Biden’s election was being certified, leading to the death of five people.
The ripples of the Reddit rebellion has struck at the core of some hedge funds in a way that is reminiscent of the greed-fueled subprime mortgage bundling that caused the 2008 financial collapse, captured in the Oscar-winning The Big Short, which New Regency co-financed while Weston ran that production company. That film will certainly be a model for the GameStop dissection, and sources said there are several potential rival projects mobilizing to tell the story.
44 Blue
The general rule when competitive projects emerge is that the first one in production is often the only one made. Netflix makes its pictures quickly and Boal seems ideal for such a real time exercise. He and director Kathryn Bigelow were working on a film about an unsuccessful hunt for Osama Bin Laden, but the moment President Barack Obama announced that the 9/11 mastermind had been killed by Navy SEALs, they quickly pivoted and constructed the manhunt story into the Best Picture nominee Zero Dark Thirty. The turnaround time on that pivot was remarkably fast.
The drama on the GameStop stock rise continues to play out in today’s stock trading. The phenomenon was led by Kevin Gill, who rallied Reddit users to rebel against hedge funds betting heavily against the brick and mortar vidgame retailer GameStop. Though it fluctuates daily, an investment of $53,000 in GameStop he made in 2019 turned into a position worth nearly $48 million, according to his Reddit posts. Gill has not yet sold his life rights. I wouldn’t be surprised if he gets a few knocks on his door from Hollywood, but this drama is playing out so publicly in real time that it is unclear how vital rights will be in telling this story onscreen.
Boal and Galloway are repped by WME, Centineo by CAA and Definition Entertainment.
if they did this is them now...Gamestop went to shit. Trading at $50 something now. AMC is at $7. Hope none of you took real investment advice off a pornboard last week.
Follow wallstreetbets on reddit they pretty much tell all their moves thereMan next time let a brother know, these reddit kids out here bum rushing the game. Fuck I missed it
that entire play was for the little guy to make money........as well as fuck over hedgefund investors.Gamestop went to shit. Trading at $50 something now. AMC is at $7. Hope none of you took real investment advice off a pornboard last week.
anyone who thought GME stock would sit and stay at $400, was living in a fantasy world.
But there were so many people that went and took out loans last week and bought GME at $300,
and are still bag holding......hoping and praying that the stock goes back up. sad to say,....they done lost
everything and are on the line for the repayment of that loan plus interest.......lol.
im sure that feeling is sickening.
Man, people made cake off that shit if they jumped on it early enough...
Like @Coldchi said cats was taking out loans, taking out loans on their home equity, all kinds of shit...
Boys was on reddit posting pictures of their account balances, one paid off 96k worth of student loans, one paid off his mom's house... it was crazy.
Now most holding the stock just to hold the stock... and they hoping and praying it go back up but it won't... that train is at the station... they need to get out now with whatever profit they made and call it a day
Like @Coldchi said cats was taking out loans, taking out loans on their home equity, all kinds of shit...
Boys was on reddit posting pictures of their account balances, one paid off 96k worth of student loans, one paid off his mom's house... it was crazy.
Now most holding the stock just to hold the stock... and they hoping and praying it go back up but it won't... that train is at the station... they need to get out now with whatever profit they made and call it a day
Brick and mortar game stores are a thing of the past w/ most games going digital. There's no reason to cop from Gamestop. And AMC has been deep in debt for yrs now. I fully expect COVID to finish them off.
In short, I agree w/ you. Neither of those was a long term investment.
Gamestop will still be around.....they still sell the consoles and accessories.
but im sure they'll start consolidating.....and closing some locations.
as long as covid is around, its gonna make situations dire for a lot of companies that cant adjust.
probably gonna try to do as best they can to weather the storm til November or December.
Elon and Mark have more confidence in Dogecoin than in GME right now......They are on there begging Musk and Cuban to buy GME and save them.
HBO Joins the Already Flooded GameStop Movie Market
With the help of Jason Blum and Billions co-creator Andrew Ross Sorkin.
www.vulture.com
I want to learn about investing but I'm so clueless.
Same here.
Don't rely on Wall Street bets to get started. That subreddit is pure speculation craziness and will have you fucked up real quick if you are just getting started. They had idiots on there taking out second mortgages to buy GME at $300+ a share last week when it closed today at $64.
I guarantee the main people on there telling people to have "diamonds hands" bought it at $10-12 a share a few months back and are selling as they post that shit.I would say put together 1-5K to start and then read through all of this shit. It is an intro to investments class that starts at the most basic level but quickly builds:
BUS-123 - Introduction to Investments
It is a semesters worth of material all free and covers all of the basics.
Once you have the basics, you can start to follow people on here and other places and understand their strategies as well as identify the bullshit artists.
The reason I say put together a few $k before you get started is that by the end of going through all of the materials, you will see how much $ you would have lost on dumb shit like paid "courses" or just blindly buying stocks.
If you look at my older posts, I put a few people on how to buy tax liens. There is money to be made everywhere but you have to do a little research and due diligence because it is not as easy as people try to make it out to be.
Good looking out on this valuable info. Zod is the guidance in life in a multitude of waysDon't rely on Wall Street bets to get started. That subreddit is pure speculation craziness and will have you fucked up real quick if you are just getting started. They had idiots on there taking out second mortgages to buy GME at $300+ a share last week when it closed today at $64.
I would say put together 1-5K to start and then read through all of this shit. It is an intro to investments class that starts at the most basic level but quickly builds:
BUS-123 - Introduction to Investments
www.wonderprofessor.com
It is a semesters worth of material all free and covers all of the basics.
Once you have the basics, you can start to follow people on here and other places and understand their strategies as well as identify the bullshit artists.
The reason I say put together a few $k before you get started is that by the end of going through all of the materials, you will see how much $ you would have lost on dumb shit like paid "courses" or just blindly buying stocks.
If you look at my older posts, I put a few people on how to buy tax liens. There is money to be made everywhere but you have to do a little research and due diligence because it is not as easy as people try to make it out to be.
She looks like my filipina side piece from my younger days.Good looking out on this valuable info. Zod is the guidance in life in a multitude of ways
Straight freak and would cook amazing chicken adobo. Seriously, read through all the material in that course and you will be ahead of the vast of majority of people trying to sell you "information". I mentor and I use some of that shit just because it is so plain English and well put together for an introductory course.
Definitely gonna get on top of this like I would this bitch belowShe looks like my filipina side piece from my younger days.
Seriously, read through all the material in that course and you will be ahead of the vast of majority of people trying to sell you "information". I mentor and I use some of that shit just because it is so plain English and well put together for an introductory course.
come to the Investment thread.
browse thru the last 20 pages.
get yo ass in that Investment thread too. i dont think i've seen u up in there.Good looking out on this valuable info. Zod is the guidance in life in a multitude of ways
easy money just flowin thru there daily. depending on what OCGN does Monday,....that could be a $36k play for me
im already at $24k today alone off that one stock.
College student uses GameStop windfall to buy Nintendo Switches for hospitalized children
A college student who cashed in on the run-up of GameStop’s stock price said he shared his good fortune with a children’s hospital in Minneapolis, Minnesota over the weekend.
fox8.com
College student uses GameStop windfall to buy Nintendo Switches for hospitalized children
FEATURED
by: Nexstar Media Wire
Posted: Feb 2, 2021 / 09:28 PM EST / Updated: Feb 2, 2021 / 09:28 PM EST
MINNEAPOLIS (NEXSTAR) – A college student who cashed in on the run-up of GameStop’s stock price said he shared his good fortune with a children’s hospital in Minneapolis, Minnesota over the weekend.
Fifth-grader cashes in GameStop stock his mom gave him 2 years ago
“I am proud to announce my humble donation of 6 Nintendo Switches and games to go with them to the Children’s Minnesota Hospital,” Hunter Kahn wrote on Instagram, posting a photo of himself with the consoles (bought from GameStop of course). “Can’t stop. Won’t stop.”
Kahn also posted news of his donation on Reddit, where a form called “Wall Street Bets” is credited with driving the GameStop buying frenzy in an effort to undermine the bets of large hedges determined to short the stock. His post has already received well over 175K upvotes, or likes.
“It was a better feeling than waking up in the morning and seeing that [GameStop’s stock price] was on the moon,” Kahn told WCCO. “I love video games. I know it would be terrible being a kid in a hospital with no joy helping them through.”
In a reply on Facebook, Children’s Minnesota wrote, “Thank you to Hunter Kahn for donating six Nintendo Switches as well as a heap of games to Children’s Minnesota — we are so grateful!”
‘COVID sucks’: Patron leaves $200 tip per employee at Colorado cafe
Kahn told the New York Post he sold off about $30,000 worth of the stock, but plans to hang onto the first 50 shares he bought.
“As a beneficiary of the recent events on Wall Street I think it is important that myself and others pay forward our good fortune,” Kahn wrote on Instagram. “These events have highlighted a lot of corruption and with this transfer of power it is important that we don’t become men in suits ourselves.”
After flirting with $470 per share toward the end of January, GameStop’s stock closed Tuesday at $90 a share.
College student uses GameStop windfall to buy Nintendo Switches for hospitalized children
A college student who cashed in on the run-up of GameStop’s stock price said he shared his good fortune with a children’s hospital in Minneapolis, Minnesota over the weekend.
College student uses GameStop windfall to buy Nintendo Switches for hospitalized children
FEATURED
by: Nexstar Media Wire
Posted: Feb 2, 2021 / 09:28 PM EST / Updated: Feb 2, 2021 / 09:28 PM EST
MINNEAPOLIS (NEXSTAR) – A college student who cashed in on the run-up of GameStop’s stock price said he shared his good fortune with a children’s hospital in Minneapolis, Minnesota over the weekend.
Fifth-grader cashes in GameStop stock his mom gave him 2 years ago
“I am proud to announce my humble donation of 6 Nintendo Switches and games to go with them to the Children’s Minnesota Hospital,” Hunter Kahn wrote on Instagram, posting a photo of himself with the consoles (bought from GameStop of course). “Can’t stop. Won’t stop.”
Kahn also posted news of his donation on Reddit, where a form called “Wall Street Bets” is credited with driving the GameStop buying frenzy in an effort to undermine the bets of large hedges determined to short the stock. His post has already received well over 175K upvotes, or likes.
“It was a better feeling than waking up in the morning and seeing that [GameStop’s stock price] was on the moon,” Kahn told WCCO. “I love video games. I know it would be terrible being a kid in a hospital with no joy helping them through.”
In a reply on Facebook, Children’s Minnesota wrote, “Thank you to Hunter Kahn for donating six Nintendo Switches as well as a heap of games to Children’s Minnesota — we are so grateful!”
‘COVID sucks’: Patron leaves $200 tip per employee at Colorado cafe
Kahn told the New York Post he sold off about $30,000 worth of the stock, but plans to hang onto the first 50 shares he bought.
“As a beneficiary of the recent events on Wall Street I think it is important that myself and others pay forward our good fortune,” Kahn wrote on Instagram. “These events have highlighted a lot of corruption and with this transfer of power it is important that we don’t become men in suits ourselves.”
After flirting with $470 per share toward the end of January, GameStop’s stock closed Tuesday at $90 a share.
Props to the kid and the message of playing it forward
‘Console Wars’ Director Jonah Tulis Underway On GameStop Documentary With Submarine Set To Produce
'Console Wars' director has Jonah Tulis has started production on an untitled documentary chronicling the GameStop Stock phenomenon.
deadline.com
‘Console Wars’ Director Jonah Tulis Underway On GameStop Documentary With Submarine Set To Produce
By Alexandra Del Rosario
Alexandra Del Rosario
Associate Editor/Nights & Weekends
@_amvdrMore Stories By Alexandra
Jonah Tulis/AP
EXCLUSIVE: Even with the GameStop-Wall Street saga still unfolding, Console Wars director Jonah Tulis has started production on a feature documentary chronicling the Reddit-fueled frenzy that saw retail traders team send select stocks like GameStop and AMC Entertainment soaring. It’s the latest project to emerge about the fast-moving, stock-market-shaking phenomenon.
The feature-length film, which is fully financed and already in production, will feature many of the key players who believed in the value of GameStop and leveraged the power of social media platforms and online trading to spark the short-squeeze surge that continues to disrupt the markets and roil institutional investors. They include a Midwestern father of two whose contrarian research helped propel the big bet against Wall Street, and an amateur investor who put her life savings on the line riding GameStop stock to the moon.
https://deadline.com/2021/02/amc-en...-trades-system-is-rigged-chatroom-1234687438/
Dan Braun, Ben Braun, Matt Burke, and Josh Braun of Submarine will produce the feature-length documentary feature with Tulis, Blake J. Harris, and Circle of Confusion’s Julian Rosenberg, who produced Console Wars. That doc, a SXSW 2020 selection, looked at another revolution of sorts, the video game industry showdown in the early 1990s when upstart Sega took on giant Nintendo.
“When we approached Submarine about collaborating on this, it was an easy yes and a perfect partnership for us, as we were already planning another project together. This is such a spectacular story and we saw eye-to-eye on the vision for it, so we had to jump at it,” said Tulis. “This is a true David and Goliath story and our goal is to tell it through the eyes of the incredible men and women who risked it all – or ‘yolo’d’ as they like to say – making millions in the process and changing the landscape of the stock market forever.”
“We were all following the story as it unfolded with bated breath, fear, and amusement, all the while realizing that this was a very significant story that would have ripple effects for a long time. We knew we would have to bring this story to life, so it was fortuitous when Jonah reached out to partner on it. We said yes without hesitation,” Submarine said.
Other projects centered on the GameStop shakeup around town include a film at Netflix with The Hurt Locker‘s Mark Boal is in negotiations to write; MGM acquiring a book proposal by Ben Mezrich, who wrote The Accidental Billionaires, which became the framework for The Social Network; and XTR, the company behind You Cannot Kill David Arquette and Bloody Nose, Empty Pockets, is teaming with directors Chris Temple and Zach Ingrasci on a documentary project.
The Beach Bum Who Beat Wall Street and Made Millions on GameStop
Mike McCaskill spent years scouring the stock market and betting on long shots. Then he found the opportunity that changed his life—and helped spark the mother of all short squeezes.
www.theringer.com
Everything You Need to Know About the GameStop Story
From how ‘Animal Crossing’ taught gamers how to pick stocks to the beach bum who made millions on the short squeeze, The Ringer has the GameStop stock saga covered from all angles
www.theringer.com
I think AMC will rebound- once the covid19 hustle is slowed down, or theyre bought out by some major streaming company.
said this multiple times. Listened to that Keith dude speak to congress. He brushed over the fact that he and his crew basically talked a bunch of poor mofos to not research, and just jump into day trading; all in the name of the poor fighting back against the rich.
Poor folks investments in GME, basically made Keith a easy 20 million, then the majority of them got SEVERELY burned via losses. Many lost crazy amounts....like 50 k in one week (when they had only 50k to their names). Others made some quick cash as well, but none of this exposed the market, changed the corrupt nature of it or hurt the people who were already getting rich via market games. Elon helped with GME as well. Elon also got million to invest in that bs dogecoin. and people actually believe its gonna get huge like bitcoin. the stupidity is amazing!
Go on that sub reddit and look at all the post of people losing money, then read the comments from kids and trolls (maybe Keith trolls) that are telling these people to not sell, after they made major gains. Many held, didnt turn into "paperhands", to prove some point, and now theyre crying. People investing their entie life savings into this bs, losing majorly, yet still being happy - via living vicariously through guys like Keith. Bunch of fucking weirdos...
itll be funny when we find out Wallstreetbets was an elaborate scheme by wallstreet itself !
said this multiple times. Listened to that Keith dude speak to congress. He brushed over the fact that he and his crew basically talked a bunch of poor mofos to not research, and just jump into day trading; all in the name of the poor fighting back against the rich.
Poor folks investments in GME, basically made Keith a easy 20 million, then the majority of them got SEVERELY burned via losses. Many lost crazy amounts....like 50 k in one week (when they had only 50k to their names). Others made some quick cash as well, but none of this exposed the market, changed the corrupt nature of it or hurt the people who were already getting rich via market games. Elon helped with GME as well. Elon also got million to invest in that bs dogecoin. and people actually believe its gonna get huge like bitcoin. the stupidity is amazing!
Go on that sub reddit and look at all the post of people losing money, then read the comments from kids and trolls (maybe Keith trolls) that are telling these people to not sell, after they made major gains. Many held, didnt turn into "paperhands", to prove some point, and now theyre crying. People investing their entie life savings into this bs, losing majorly, yet still being happy - via living vicariously through guys like Keith. Bunch of fucking weirdos...
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