Ben Wehrman
clocks into his job as a Tesla salesman five days a week. His real work begins when he clocks out at night.
The 27-year-old Californian often spends his evenings, coffee in hand, researching a topic that has captivated hordes of individual investors online: an alleged Wall Street conspiracy to suppress the price of
GameStop Corp.
shares.
In December, after pulling several all-nighters, Mr. Wehrman published a nearly 16,000-word thesis on his blog. “The true depth of this collusion hasn’t made it into the public eye yet,” he wrote.
The theory: short-selling hedge funds are covering up a vast volume of bets against the stock. Believers say if individual investors continue to buy and hold GameStop, the short sellers’ wagers will eventually blow up…
