“He provided a very clear thesis,” Mr. Gogna said, explaining that Mr. Gill’s work was an accessible contrast to other information — “charts, all these dizzying things” — out there. “It can be overwhelming,” he said, “and I think that’s designed to keep the normal people away.”Updated Jan. 28, 2022, 8:29 p.m. ETBy January 2021, Mr. Gogna was “all in” on GameStop shares because he believed that the company would eventually pivot to a digital business. “Every pay period I literally buy as many shares as I can,” he said, speaking from a hospital in San Diego where his wife, a nurse, was in labor with their first child. Mr. Gogna said he had persuaded her to move her savings into GameStop as well. (She delivered a healthy baby.)As he dug deeper, spending hours reading what other traders had posted about GameStop, Mr. Gogna became convinced that something far darker was going on. Several posts detailed what users were calling a plot by Wall Street, the Securities and Exchange Commission and a trade …
