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Eat The Rich

 Have you watched Eat Thr Rich? It's on Netflix.

It's basically the story of how amateur investors got together through social miedia platforms like Reddit to manipulate the market. Along the way, a lot of amateurs got rich and a lot of professionals lost fortunes.

Yes, it's basically a doco, and there is plenty of live footage and flash interviews, but it is told well and hard to turn away from.

Could it happen again? Could a penny stock rise into the hundreds of dollars in a very short space of time?

It's possible. It's all about getting the hype out there and watching it grow.

And that's the reality of social media. It doesn't need the truth to effect change.

And then, just a few hours after writing this quick note, I discovered that someone I knpow from Hungary watched the whole thing unfold in front of him. No, he didn't join in. But he agreed that it was sheer madness.

Enjoy the movie

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