Dumb Money, the upcoming film documenting GameStop’s historic stock market frenzy in 2021, has released its official trailer. Directed by Craig Gillespie, known for his work on “I, Tonya,” this film delves into the realm of adapting real-life stories. Fans can expect its theatrical release on September 22nd. Starring Paul Dano in the lead role, it presents a riveting David vs Goliath dramedy based on the true story of YouTuber Keith Gill, who dared to challenge billionaire hedge fund managers. These powerful figures had bet against the stock price of GameStop, a brick-and-mortar retailer. The narrative of the film heavily relies on the events portrayed in Ben Mezrich’s novel, ‘The Antisocial Network’.
The gripping trailer for Dumb Money immediately captures the viewer’s attention by showcasing Reddit screenshots and archived footage of news channels reporting on the GameStop short squeeze that created chaos on Wall Street. The storyline then transports us back six months, where we witness YouTuber Keith Gill live streaming his efforts to rally people on Reddit to invest in GameStop shares. Wall Street had placed its bets on GameStop’s downfall, ensuring substantial profits for a group of hedge fund managers with vast net worth. Among these Wall Street power players, the film spotlights Gabe Plotkin (played by Seth Rogen), Ken Griffin (played by Nick Offerman), and Steve Cohen (played by Vincent D’Onofrio). Initially perceiving Gill’s buying strategy as “dumb money,” they openly welcomed it. However, regular individuals who were dissatisfied with this notion rallied behind Gill and joined his crusade, ultimately transforming their investments into profits and dramatically altering their lives. Who can forget the time when everyone rushed to install the Robinhood app on their phones?
“How much did we make today?” Caroline Gill (portrayed by Shailene Woodley) asks her husband Keith. He responds, “Five million dollars,” followed by an additional four million. On the flip side, the shorters, day after day, incur billions in losses. Plotkin faces intense scrutiny from his investment partners for entangling them in this chaotic situation. Keith’s brother Kevin (played by Pete Davidson) amusingly suggests they splurge on a Ferrari with their newfound wealth, emphasizing how the rich are now feeling the pressure. The trailer for Dumb Money continuously shifts between perspectives, providing glimpses into Wall Street’s determination to regain control over their financial empire. As the story progresses, Gill finds himself summoned to testify before Congress in a virtual hearing, maintaining that he never encouraged anyone to buy stocks for his own gain.
“A lot of people feel the system is broken,” Gill reflects during the call. “The entire concept of the stock market was that with intelligence and maybe a bit of luck, one could amass a fortune. Sadly, that’s no longer the case.” In a way, the Dumb Money trailer suggests that Gill fought back, not only for his sake but also for the ordinary people who, like him, desired to disrupt the status quo and reshape their lives. The film boasts an impressive cast, including Anthony Ramos (from “In the Heights”), America Ferrera (“Barbie”), and Sebastian Stan (“Captain America: The Winter Soldier”). It’s worth noting that the filmmakers have meticulously recreated Keith Gill’s real-life setup, with Dano donning the red bandana, a tie-dye shirt adorned with cat motifs, and even the same model of microphone.
Set to hit theaters on September 22nd, Dumb Money is surely an eagerly anticipated release.
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Deepak Sen is a tech enthusiast who covers the latest technological innovations, from AI to consumer gadgets. His articles provide readers with a glimpse into the ever-evolving world of technology.
