Diamond Hands: The Legend of WallStreetBets is a feature-length documentary that tells the incredible true story of the GameStop stock saga in January 2021. The film follows the group of amateur investors on the Reddit forum r/WallStreetBets as they set their sights on GameStop, a struggling video game retailer that was being shorted by hedge funds.
The documentary takes viewers inside the world of retail trading, introducing them to a colorful cast of characters who are using the power of social media and online communities to take on the establishment in the stock market. With the help of apps like Robinhood, the traders buy up GameStop shares in large numbers, driving up the price and causing massive losses for the hedge funds.
The film also explores the wider social and political implications of the GameStop saga, including the role of technology in disrupting traditional financial markets, the power of individual investors to challenge the Wall Street elite, and the impact of the pandemic on the economy.
Through interviews with key players in the GameStop saga and expert analysis from financial journalists and academics, Diamond Hands offers a comprehensive and entertaining account of one of the most dramatic and unpredictable chapters in recent financial history. Whether you're a seasoned investor or a casual observer, this movie is a must-watch for anyone interested in understanding the future of finance.