![]() The phrase is often accompanied by a rocket emoji. Conversely, a trader with "paper hands" sells out early.Ī rallying cry on WSB, which members use to express their belief that a stock will rise significantly. ![]() 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. Shorthand for chicken tenders, which WSB uses as slang for profits on a trade. Beginning last week, WallStreetBets, a 3 million-person group of mostly young, mostly male amateur investors, banded together to rocket the stock of video-game retailer GameStop into. 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. 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.Īn 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. read moreĪn 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 (GME.N) 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. NEW YORK, Jan 28 (Reuters) - 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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