The term, which is frequently accompanied by a slew of rocket emojis, is used to convey assurance in the performance of a certain stock.
If the stock declines, the investor will have lost money. The investor has picked up stocks when they rise. Applied in a disrespectful way to people who aren’t entirely behind a cause. Paper hands, which contrast with diamond hands, occur when a user sells their shares at the first indication of a negative trend. Diamond hands and “to the moon” are frequently seen combined. Requests to “hold the line” became widespread when the prices of the forum’s favorite stocks started to fall. Hold the LineĪ rallying call for users during market turbulence. The forum was flooded with requests for users to have “diamond hands” when GameStop stock fluctuated wildly. Emoticons of a hand and a diamond are used to symbolize the phrase. Holding onto a stock despite declines, hardships, and volatility in the hope that the price would rise. a pun on the clichéd financial maxim “buy low, sell high.” Buy the DipĪ 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. An investor is said to have bought high and sold low if they lost money on a trade. Buy High Sell LowĪ pun that is employed when a forum participant announces a loss. BearsĪ bearish investor who predicts a decline in the value of a security or the market. The “apes” may be powerful enough to survive those who are shorting the stock if they band together. The apes are retail investors who are optimistic on highly shorted stocks like GameStop when they are used by WallStreetBets. 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. Make sure you are familiar with these slang, expressions, and memes before using WallStreetBets yourself. New users may initially find the vocabulary and lingo intimidating and bewildering. Unlike other stock market and investing websites, WallStreetBets is well recognized for its laid-back culture where memes are routinely exchanged.
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. 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.
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