Hype machine meme12/3/2023 ![]() Others, notably GameStop, remain elevated, although still far lower than the all-time highs. In general, many of the meme stocks that saw sky-high stock prices in 2021 have come down quite a bit in 2022, sometimes to below where they started. YOLO: "You only live once," so why not buy into a meme stock?.To the moon: □□ The idea that a stock will rise extraordinarily high, as if to the moon.There are several claims for why this fast-food item is used for collecting profits. Tendies: □□ Short for chicken tenders, "tendies" refer to profits made in meme stocks.Stonks: An ironic misspelling of the word “stocks.” This meme predates WallStreetBets and often depicts a crudely designed bald man in a suit staring blankly at an arrow pointing upward in price.These are perceived as weak individuals without conviction who sell their shares too quickly. Paper hands: □□ This is a derogatory slur leveled against those who fail to maintain diamond hands.Hold the line: a battle cry to encourage others to stand firm with diamond hands in the face of volatility.FOMO: " Fear of missing out, " that if you don’t catch the meme stock wave, you’ll regret it. ![]()
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