![]() (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed. The phrase is often accompanied by a rocket emoji. TO THE MOONĪ rallying cry on WSB, which members use to express their belief that a stock will rise significantly. Conversely, a trader with "paper hands" sells out early. Users also frequently use slang such as stonks for stocks, tendies for gains or profits, gay bears for those who expect a. There are now 7 million members (call themselves degenerates) on the forum now. Often referenced using emoji, "diamond hands" are how members express their belief that their position is valuable and worth holding on to for maximum profit. r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. Shorthand for chicken tenders, which WSB uses as slang for profits on a trade. Someone who has taken heavy losses on a stock, in WSB parlance: While others may have profited from a similar position in the past, that person has been left holding the bag. ![]() YOLOĪn acronym for "you only live once." If someone on WSB has "yoloed" a stock, that person has poured a significant portion of their investments into it. The social media pseudonym of Keith Gill, a financial adviser in Massachusetts whose Reddit posts and YouTube video streams helped drive interest in GameStop's stock. STONKSĪn intentional misspelling of "stocks" that originated with an internet meme. The lingo of the online traders of Reddit's WallStreetBets group, or WSB, which fueled a surge in GameStop Corp's stock, prompted even singer Dionne Warwick to ask on Twitter, "What are stonks and why is it a trending subject?"įor the uninitiated, here is a guide to understanding some common WSB words. Reddit trading lingo may filter in to Washington on Thursday when top hedge fund managers, the head of Robinhood and Roaring Kitty himself are set to give testimony before U.S.
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