Worth a watch.

  • jergy@lemmy.whynotdrs.org
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    1 year ago

    I skimmed through the video and stopped to watch the parts that felt important to understanding the narrative being made.

    Sure. The creator "goes into how the phrases on the list aren't accurate," and presumably, the conclusion is that GME investors are therefore clueless and talking pure nonsense. It is true I did not watch all of the video but I did CTRL+F through the YouTube transcript and could not find a single mention of the word "cellar" as in cellar boxing.

    So, regardless of what all is said in the video, "cellar boxing" is falsely presented as a notion that simply means that when it is mentioned by Apes, Apes are saying that the price is going down, that there is a "lack of upward price movement" and that this is what cellar boxing means. This is of course completely inaccurate but is not expanded upon at all. The casual viewer might be left with the impression that this is all that the term cellar boxing is and that any alternative description provided by these delusional cultists is therefore nonsensical, because these people are not rational thinkers.

    Sure, Dan Olson is a documentary film maker, no dispute there.

    Has any documentary film maker ever made a documentary before that had an agenda? Has there ever been a documentary that deliberately reports false information as truth? Is it possible that Dan Olson has deliberately or inadvertently stated incorrect information in this documentary as truth?

    Is it possible that an "independent" documentary filmmaker could be approached by somebody with bags full of cash and asked to please create a documentary about this specific subject and be sure to include statements X, Y, and Z?

    I'm not saying that Dan Olson has accepted money to create a hit piece, because I don't have the evidence to conclude that. What I am saying is that it cannot be denied that this is a possibility. Have wall street incumbents ever paid a media channel anywhere to spread positive or negative sentiment about a certain subject that would conveniently be beneficial to their position?

    As for your takeaway question: if the delusional GME cultists are to be believed, the money comes from short hedge funds who have bet against the company by short selling and naked short selling the stock, who carry these open short positions that were never closed. This is part of the understanding of the cellar boxing theory, a theory which is conveniently disregarded in this video.

    • glimse@lemmy.worldOP
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      1 year ago

      I think it'd be unfair for both of us to discuss this further without having both seen the film in its entirety. I don't have a horse in this race either way

      • AnimorphFan1996@lemmy.whynotdrs.org
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        1 year ago

        I think it’d be unfair for both of us to discuss this further without having both seen the film in its entirety.

        You posted a video, but you haven't seen it, and you don't want to discuss it.