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Melvin: Difference between revisions
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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|shorts 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|shorts 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”. ''Named for the scene in ''Bill & Ted’s Bogus Journey'', in which Bill and Ted “melvin” the Grim Reaper to escape eternal damnation.'' | ||
Nominative determinism to the max, Mr Plotkin. | Nominative determinism to the max, Mr Plotkin. | ||
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*[[Bottom of the range]] | *[[Bottom of the range]] | ||
*[[Roll of honour]] | *[[Roll of honour]] | ||