The Reddit subreddit r/wallstreetbets, which was founded in 2012, experienced a spike in growth at the beginning of 2021 as it became the face of the incredible upward surge of severely shorted companies like Gamestop and AMC Entertainment. The forum, which has over 8 million users and hundreds of thousands of them actively using the page at any given moment, has been compared to a hybrid between 4chan and the Bloomberg terminal.
Unlike other stock market and investing websites, WallStreetBets is well recognized for its laid-back culture where memes are routinely exchanged. New users may initially find the vocabulary and lingo intimidating and bewildering. Make sure you are familiar with these slang, expressions, and memes before using WallStreetBets yourself.
Apes Together Strong
The expression, which is occasionally symbolized by a gorilla emoji, was inspired by an older meme based on the film Rise of the Planet of the Apes. The apes are retail investors who are optimistic on highly shorted stocks like GameStop when they are used by WallStreetBets. The “apes” may be powerful enough to survive those who are shorting the stock if they band together.
a bearish investor who predicts a decline in the value of a security or the market. Many users don’t like it.
Buy High Sell Low
a pun that is employed when a forum participant announces a loss. An investor is said to have bought high and sold low if they lost money on a trade. a pun on the clichéd financial maxim “buy low, sell high.”
Buy the Dip
A price decline simply presents a chance for investors who are optimistic on a stock to “buy the dip.” The three can be combined with “diamond hands” and “to the moon” to create a potent meme.
holding onto a stock despite declines, hardships, and volatility in the hope that the price would rise. Emoticons of a hand and a diamond are used to symbolize the phrase. The forum was flooded with requests for users to have “diamond hands” when GameStop stock fluctuated wildly.
Hold the Line
A rallying call for users during market turbulence. Requests to “hold the line” became widespread when the prices of the forum’s favorite stocks started to fall. Diamond hands and “to the moon” are frequently seen combined.
Paper hands, which contrast with diamond hands, occur when a user sells their shares at the first indication of a negative trend. Applied in a disrespectful way to people who aren’t entirely behind a cause.
Profit or money. The investor has picked up stocks when they rise. If the stock declines, the investor will have lost money.
To the Moon
The term, which is frequently accompanied by a slew of rocket emojis, is used to convey assurance in the performance of a certain stock. The user gains more tendies when a stock goes “to the moon.” GameStop (GME), AMC Entertainment (AMC), Palantir Technologies (PLTR), Tesla (TSLA), and BlackBerry are among the businesses that are or have been sending astronauts to the moon (BB).
We Like the Stock
The phrase “we like the stock,” which is originally credited to CNBC television personality Jim Cramer, is used to explain why investors have significant stakes in firms like AMC and GameStop.
You only get one life. A trade that accounts for the great majority of the value in an investor’s account is known as a YOLO trade. A YOLO is when you invest $100,000; $100 is not. For instance, a well-known trader on WallStreetBets made a $750,000 investment in GameStop. The position had a million dollar value at one point.