meme stock
Reddit-fueled security
A meme stock is a company's shares that surge in price due to viral social media attention rather than traditional financial fundamentals.
The phenomenon emerged in 2021 when Reddit users coordinated to buy GameStop and AMC stock, driving prices to absurd heights and inflicting losses on hedge funds betting against them.
I made three thousand on meme stocks before the crash.
Retail chain for consoles
- AMCTheater chain initials
- diamond handsRefusal to sell despite volatility
- to the moonExpressing extreme degree
- stonksJoke word for equities
retail investors · buying frenzy · grassroots movement · apes · hold the line · paper hands · tendies · smooth brain
Violent mental agitation
- maniaIntense, consuming obsession
- crazeShort-lived popular obsession
- viralSpreading quickly online
- trendingCurrently gaining widespread attention
buzz · FOMO · bandwagon · echo chamber · social media · hysteria · irrational exuberance · hypebeast
Rapid price surge from covering
- pump and dumpFraudulent stock inflation scheme
- optionsAvailable courses of action
- margin callBroker's request for funds
- day tradingSame-session securities speculation
leverage · speculative · technical analysis · call options · put options · derivatives · swing trading · risk tolerance
Irregular change over time
- whipsawTwo-person timber cutter
- erraticLacking regularity or consistency
- unpredictableCannot be anticipated
- instabilityTendency toward unpredictable change
swing · beta · correction · crash · bubble · turmoil · roller coaster · spike
GameStop
Retail chain for consoles
- AMCTheater chain initials
- diamond handsRefusal to sell despite volatility
- to the moonExpressing extreme degree
stonks · retail investors · buying frenzy · grassroots movement · apes · hold the line · paper hands · tendies · smooth brain · degenerates
frenzy
Violent mental agitation
trending · buzz · FOMO · bandwagon · echo chamber · social media · hysteria · irrational exuberance · hypebeast · momentum
short squeeze
Rapid price surge from covering
- pump and dumpFraudulent stock inflation scheme
- optionsAvailable courses of action
- margin callBroker's request for funds
day trading · leverage · speculative · technical analysis · call options · put options · derivatives · swing trading · risk tolerance · high risk
fluctuation
Irregular change over time
- whipsawTwo-person timber cutter
- erraticLacking regularity or consistency
- unpredictableCannot be anticipated
instability · swing · beta · correction · crash · bubble · turmoil · roller coaster · spike · plunge
- trading slangbull, short, long, dip, pump
- GameStopGameStop, trade-ins, store credit, used games, preorders