GME
Reddit traders' target
GME is the stock ticker symbol for GameStop, a video game retailer.
The abbreviation became internet shorthand during the 2021 trading frenzy when retail investors on Reddit coordinated to drive up the stock price, squeezing hedge funds that had bet against it: Diamond hands on GME, GME to the moon.
The episode made GME a symbol of populist rebellion against Wall Street.
Retail chain for consoles
- retailSales to end users
- brick-and-mortarPhysically present business
- e-commerceInternet-based buying and selling
- transformationThorough change in form
trade-in · collectibles · console · turnaround · earnings report · store closures
Internet-popular traded equity
- short squeezeRapid price surge from covering
- RedditSocial news aggregator
- hedge fundPrivate investment partnership
- CitadelNamed financial powerhouse
diamond hands · paper hands · apes · to the moon · AMC · retail investor · trading halt · volatility
Slang for chicken strips
- smooth brainSlang for stupidity
- hold the lineMaintain current position
- due diligencePre-transaction reasonable care
- shillFraudster's fake customer
bagholder · moon shot · degenerates · casino
GameStop
Retail chain for consoles
- retailSales to end users
- brick-and-mortarPhysically present business
- e-commerceInternet-based buying and selling
transformation · trade-in · collectibles · console · turnaround · earnings report · store closures
meme stock
Internet-popular traded equity
- short squeezeRapid price surge from covering
- RedditSocial news aggregator
- hedge fundPrivate investment partnership
Citadel · diamond hands · paper hands · apes · to the moon · AMC · retail investor · trading halt · volatility · market manipulation
tendies
Slang for chicken strips
- smooth brainSlang for stupidity
- hold the lineMaintain current position
- due diligencePre-transaction reasonable care
shill · bagholder · moon shot · degenerates · casino
American multinational holding company
value investing · value stocks · blue chip stocks · index funds · blue-chip stocks
Government-issued debt securities
T-bills · money market funds · municipal bonds · certificates of deposit · PG