In an age the place folks rave about crypto and NFTs, there’s nonetheless room for some good, quaint share buying and selling. Or, on this case, some dodgy, high-tech share buying and selling. The GameStop share affair in early 2021 has been the topic of loads of books and a number of other initiatives are in growth about it. The very best profile instance as of now could be a movie referred to as Dumb Cash, which simply secured Pete Davidson, Seth Rogen, Sebastian Stan and Paul Dano to star.
Craig Gillespie – who has labored with no less than two of these (Rogen and Stan on the current Pam & Tommy, Stan alone on I, Tonya) – is within the director’s chair right here, with the script tailored by Rebecca Angelo and Lauren Schuker Blum.
They labored from Ben Mezrich’s ebook The Delinquent Community, which chronicled the January 2021 “brief squeeze” motion round retail chain GameStop, the place customers of the Reddit web page ‘Wall Avenue Bets’ banded collectively to artificially improve the inventory values of the corporate, which suffered from lagging inventory costs for years.
The scenario resulted in main hedge funds in addition to unbiased brief sellers taking vital monetary losses, and it induced requires extra regulation of the inventory market.
Filming on the film will kick off this month, and the mission shall be out to consumers on the Toronto Movie Competition.