Ultimate Guide to WallStreetBets Terms and Lingo
Posted on 01/30/2021
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. There are now 7 million members (call themselves degenerates) on the forum now. Users also frequently use slang such as “stonks” for stocks, “tendies” for gains or profits, “gay bears” for those who expect a stock to decline, for stock shorters, or as a general insult, and “DD” for analysis of potential trades (from “due diligence”). WallStreetBets exploded into the mainstream. Many celebrated WallStreetBets’ war on GameStop short-sellers as a populist campaign against Wall Street hedge funds.
Users on the Reddit board refer to themselves as ‘degenerates’ and speak in their own memes and phrases, often borrowed from other internet subcultures.
YOLO (You Only Live Once)
When someone risks their entire portfolio on a single stock or options trade.
For one whose position has severely dropped in value.
To the Moon
A phrase to express a stock going up really high.
When a trader is prepared to hold on to their stocks or securities for a long time.
When a trader sells their stocks and securities way too early, before they were able to reach maximum profits.
Stonks refers to as shares of a company. Barstool Sports founder Dave Portnoy heavily used stonks and suits as terms.
Hold the Line
Holding on to a stock, even if it goes down in value.
Tendies is related to a 4chan meme regarding “chicken tenders” in which a 20-year-old man is living at home with his mother demanding tendies. In WSB terms, it is gains or profits that are made on an investment.
Federal Reserve Chairman Jerome Powell.
An array of stocks ‘loved by White college girls,’ like Etsy, Lululemon Athletica, Ulta Beauty and Starbucks.