WallStreetBets lingo: From Stonks to Bagholder: Deciphering Reddit’s trading lingo

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Reddit trading lingo might filter in to Washington on Thursday when prime hedge fund managers, the pinnacle of Robinhood and Roaring Kitty himself are set to give testimony earlier than US House of Representatives lawmakers.

The lingo of the net merchants of Reddit’s WallStreetBets group, or WSB, which fueled a surge in GameStop Corp’s inventory, prompted even singer Dionne Warwick to ask on Twitter, “What are stonks and why is it a trending topic?”

For the uninitiated, here’s a information to understanding some frequent WSB phrases:
STONKS


An intentional misspelling of “stocks” that originated with an web meme.

ROARING KITTY
The social media pseudonym of Keith Gill, a monetary adviser in Massachusetts whose Reddit posts and YouTube video streams helped drive curiosity in GameStop’s inventory.

YOLO
An acronym for “you only live once.” If somebody on WSB has “yoloed” a inventory, that individual has poured a good portion of their investments into it.

BAGHOLDER
Someone who has taken heavy losses on a inventory, in WSB parlance: While others might have profited from a related place previously, that individual has been left holding the bag.

TENDIES

Shorthand for hen tenders, which WSB makes use of as slang for earnings on a commerce.

DIAMOND HANDS
Often referenced utilizing emoji, “diamond hands” are how members specific their perception that their place is effective and price holding on to for max revenue. Conversely, a dealer with “paper hands” sells out early.

TO THE MOON
A rallying cry on WSB, which members use to specific their perception {that a} inventory will rise considerably. The phrase is commonly accompanied by a rocket emoji.





This feed is routinely revealed by way of economictimes.indiatimes.com