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Melvin: Difference between revisions
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{{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}} | {{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}} | ||
1. ''(Finance)'' A manoeuvre in which a fêted hedge-fund manager’s [[Short|shorts]] are yanked up from behind him until they are wedged uncomfortably between his buttocks and then pulled up sharply from behind up over the head, typically as a prank by a bunch of day-traders on Reddit. ''(Named for [[Melvin Capital Management LP]], the unfortunate fund to which this happened).'' Also called a [[short squeeze]] | 1. ''(Finance)'' A manoeuvre in which a fêted hedge-fund manager’s [[Short|shorts]] are yanked up from behind him until they are wedged uncomfortably between his buttocks and then pulled up sharply from behind up over the head, typically as a prank by a bunch of day-traders on Reddit. ''(Named for [[Melvin Capital Management LP]], the unfortunate fund to which this happened).'' Also called a [[short squeeze]]. | ||
2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”. | 2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”. | ||