Whale / : Someone who owns a lot of a stock or cryptocurrency, enough that if they sell, it can cause the price of the asset to drop by flooding supply. Often repeated in quick succession, the expression is a meme in and of itself. We like the stock / I like the stock: A phrase said to build hype and vibes. TO THE MOON: An expression of the opinion that a stock or cryptocurrency will go up in price very quickly. Tendies: Etymologically linked to KFC chicken tenders, refers to profits or gains made from an investment. In other contexts, such as when paired with the side eyes emoji (stonks ), it means a stock going up that’s worth watching. The documentary Diamond Hands: The Legend of WallStreetBets starts with the onset of the Covid-19 pandemic, as new traders began to use their stimulus checks to try the stock market. This is the description of them as given by Joseph. They live to be very old comeing sic generally, near a thousand years.’. They dress very much like the Quaker Style & are quite general in Style, or the one fashion of dress. In some contexts, it’s used as a joke term if a loss is made. Inhabitants of the Moon are more of a uniform size than the inhabitants of the Earth, being about 6 feet in height. Stonks: A deliberate misspelling of stocks. Small cap/medium cap/large cap: The total market capitalisation of a company. Rockets / : Indicates high growth stocks, usually speculative. After the group has sold (the dump) the price will drop back to normal levels. Pump and dump: When a group of investors collude and buy the same stock at the same time to momentarily drive up prices (the pump), to sell a short time later (ideally at the peak) to turn a profit. Given that online finance talk runs the gamut from FIRE (Financially Independent, Retire Early) to high-risk day trading, this dictionary is not a complete list. With practice, youll be able to perfect your jump by controlling the jumps strength to land on any target platform. You control your character by moving left, right and by jumping - and thats it. These include Reddit ( WallStreetBets, ASX_Bets), Twitch ( StockStream), TikTok ( Discord, YouTube, Instagram, Twitter, Facebook and Instagram. Diamond Hands: To The Moon is a simple to play, yet difficult to master jumping platform game where the ultimate goal is to get to the moon. To aid ASIC and older traders alike, The Australian Financial Review has compiled a list of common acronyms, expressions, and emojis used in different financial and markets based online forums. Rather, it’s about being able to switch between myriad “virtual” worlds and the “real” one, and realising that all influence one another in complex ways with actual consequences.īut the Australian Securities and Investments Commission, the regulator whose remit includes monitoring markets and stepping in to enforce the rules if people break them, has admitted that keeping up with Gen-Z speak and ever-changing online vernacular is a challenge. As the GameStop saga showed, “social trading” is real, meme culture is serious, and knowing the latest internet slang is not just about keeping up with the cool kids.
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