“Dumb Money” is a gripping beat-by-beat account of how a loosely affiliated group of private investors and internet trolls on a subreddit called WallStreetBets took down one of the biggest hedge funds on Wall Street, firing the first shot in a revolution that threatens to upend the establishment.
It’s the story of financial titans like Gabe Plotkin of hedge fund Melvin Capital, one of the most respected and staid funds on the Street, billionaires like Elon Musk, Steve Cohen, Mark Cuban, Robinhood co-CEOs Vlad Tenev and Baiju Bhatt, and Ken Griffin of Citadel Securities.
Over the course of four incredible days, each in their own way must reckon with a formidable force they barely understand, let alone saw coming: everyday men and women on WallStreetBets like Nurse Kim Campbell, college student Jeremy Poe, and the enigmatic Keith “RoaringKitty” Gill, whose unfiltered livestream videos captivated a new generation of stock market enthusiasts.
The unlikely focus of the battle: GameStop, a flailing brick-and-mortar video game retailer catering to teenagers and outsiders that had somehow held on as the world rapidly moved online.
At first, WallStreetBets was a joke – a meme-filled, freewheeling place to share shoot-the-moon investment tips, laugh about big losses, and post diamond hand emojis. Until some members noticed an opportunity in GameStop – and rode a rocket ship to tens of millions of dollars in earnings overnight.
“Dumb Money” (working title “The Antisocial Network”) is set for filming between October 3rd and November 22nd. Production for the upcoming film will take place in New Jersey.
Background
Gamestop is a video game retailer with stores across the United States. The company offers a wide variety of new and used video games for current gen and even retro consoles. In addition to video games, GameStop also sells gaming accessories and merchandise.
On January 27, 2021, GameStop Corporation (GME) shares closed at $325.29 per share, up over 1,700% from their 52-week low of $17.25 per share. The sudden and dramatic increase in GameStop’s stock price was the result of a “short squeeze.”
A short squeeze occurs when investors who have bet against a stock (by “selling short”) are forced to buy it back at a higher price in order to avoid further losses.
In this case, the GameStop short squeeze was fueled by a group of Redditors on the subreddit WallStreetBets. These investors noticed that GameStop was one of the most heavily shorted stocks on the market and decided to drive up the price by buying it in large quantities.
The resulting short squeeze caused heavy losses for hedge funds and other professional investors who had bet against Gamestop. For the average person, however, the GameStop short squeeze was an opportunity to make a quick profit.
“Dumb Money” Cast and Crew
The new film will have a star-studded cast. Seth Rogan, Paul Dano, Sebastian Stan, and Pete Davidson will all have roles in “Dumb Money”. Craig Gillespie will be in the director’s chair.
Gillespie is a New Zealand-born film director. He is best known for his work on the 2004 horror film remake of “Dawn of the Dead,” which grossed over $102 million worldwide, and the 2007 sports drama “Million Dollar Baby.” He has also directed the 2010 thriller “The Finest Hours” and the 2015 biographical drama “I, Tonya.”
Additional Crew
- Producers:
- Aaron Ryder – Kevin Ulrich – Ben Mezrich – Tyler Winklevoss – Cameron Winklevoss – Teddy Schwarzman – Michael Heimler – John Friedberg – Andrew Swett – Schuker Blum
- Writers:
- Lauren Schuker Blum – Rebecca Angelo
- Line Producer:
- Johnny Holland
- Production Supervisor:
- Brittany Sugarman
“Dumb Money” Casting Call
If you’re interested in getting a role on “Dumb Money” then just reach out to Mary Vernieu and Bret Howe of Betty Mae Casting. This casting company provides actors and extras for movies and television shows.
The company was founded in Los Angeles in the early 1970s by Betty Mae Kirkpatrick, who had worked as a casting director for several years. Kirkpatrick started the company with the goal of providing opportunities for aspiring actors and actresses.
Today, Betty Mae Casting is one of the most successful and well-known casting companies in the industry. The company has worked on hundreds of movies and television shows, including some of the biggest hits of all time. Betty Mae Casting continues to be a leader in the industry, providing opportunities for up-and-coming talent.
| Casting Director | Casting Company |
|---|---|
| Mary Vernieu Phone: 310-396-6100 | Betty Mae Casting 10718 McCune Ave Los Angeles, CA 90034 USA Phone: +1 310 396 6100 Email: casting@bettymae.com |
“Dumb Money” Production Studios
| Production Office | Ryder Picture Company (RPC) | Black Bear Pictures |
|---|---|---|
| “Dumb Money” 150 Bay Street, Suite 318 Jersey City, NJ 07302 Email: dumbmoney22@gmail.com PHONE: 917-209-4887 | Phone: 310-935-0144 Email: rama@ryderpictureco.com | 1739 Berkeley Street Santa Monica, CA 90404 Phone: 424-291-6000 Email: careers@blackbearpictures.com |