While others may have profited from a similar position in the past, that person has been left holding the bag. A rallying cry on WSB, which members use to express their belief that a stock will rise significantly. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. Stonks An intentional misspelling of "stocks" that originated with an internet meme.
It was originally a way of talking about amateur or bad financial decisions. Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Watch Duration: 3 minutes 7 seconds 3 m 7 s. The reason why is making Wall Street angry. More on:.
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Chinese leaders agree to historic resolution cementing Xi Jinping's power. He still remembers it. Friday News Quiz: Do you remember all the headlines from this week? Popular Now 1. YOLO , the acronym for "you only live once," was popularized a decade ago by rapper Drake. Now, on Wall Street Bets, the term is used for a trader who goes all in on a stock. MOASS stands for the "mother of all short squeezes," a likely reference to short-sellers who have lost billions on their bets against GameStop.
The company, which has remained largely silent on its meme-stock status, made a nudge to Redditors last week in a tweet in which it used the term, " MOASS. As Vox once described it , the term "diamond hands" compares the strength of diamonds with a "user's strength to last through big market swings. On the opposite side, a trader with "paper hands" sells easily.
Read more: D1 founder Dan Sundheim, whose hedge fund was rocked by the WallStreetBets frenzy, says shorting isn't 'evil' but that he's changing up his approach. DD refers to a person doing his or her "Due Diligence," or homework on a subject. When a Redditor posts a DD, that means he or she has done research on a stock or market trend.
Buy the dip, which is often abbreviated to BTFD - with the extra F signifiying a popular curse word - tells investors to buy into a stock after it's fallen, in the hopes of it rising out of its slump. When users say a stock is going "to the moon" or "mooning," it's often accompanied by rocket ship emojis. They're referring to a stock rising in price or their belief that a stock will rise in price. At that point, an investor could collect his or her "tendies. Stonks is just a rif on the word stocks.
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