“I rather be bagholding a tech company than retail stock,” a Redditor observed. There’s someone who makes a savvy play to sell high, but then there’s someone who holds stock that’s fallen in value and keeps holding, thinking the shares will recover. (There are a lot of those on the forum, too, signaling a stock’s upward trajectory.) ‘Bagholding’ or ‘Bagholder’ As one Redditor wrote, “LEVERAGE YOUR HOUSE!!!! LETS GET THESE TENDIES!!!!” - followed by nine icons of a rocket blasting off. Loosely speaking, that’s chicken tenders, shorthand for gains, profits or money. Redditors - as Reddit users are known - in the forum casually throw around some of the standard internet fare like “newbie,” meant for rookie retail investors, and “ boomer,” for the older crowd and the Wall Street establishment.īut here’s a look at some of the specific WallStreetBets The WallStreetBets forum had 3.3 million members as of midafternoon Wednesday the number appeared to be climbing throughout the day. Read also: Opinion: Stop laughing about GameStop’s stock mania - no, really Is up less than half a percentage point in that same year-to-date span. Was off less than a percentage point and the S&P 500
But major brokerage firms TD Ameritrade and its owner Charles Schwab on Wednesday started putting guardrails in place to control the buying spree, and the Biden administration said it was “monitoring the situation” with GameStop’s stock. These are some of (printable) terms flying across Reddit’s WallStreetBets, a salty forum peppered with its own arcane language, now at the center of a frenzied stretch of trading in GameStop’s stockĪs of midday on Wednesday, GameStop’s stock was up more than 1,500% in 2021.
0 kommentar(er)
