Melvin: Difference between revisions
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{{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}} | {{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}} | ||
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).'' | 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)'' To yank a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”. | |||
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Revision as of 07:10, 18 August 2022
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Chez Guevara — Dining in style at the Disaster Café™
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Melvin
/ˈmɛlˈvɪn/ (n.)
1. (Finance) A manoeuvre in which a fêted hedge-fund manager’s 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) To yank a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”.