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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. | 1. ''(Finance — also called a “[[short squeeze|shorts squeeze]]”)'' 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. | ||
:''Etymology'': Named for ''[[Melvin Capital Management LP]]'', the unfortunate fund to which this happened). | |||
2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”. | |||
:''Etymology'': Named for the scene in ''Bill & Ted’s Bogus Journey'', in which Bill and Ted “melvin” the Grim Reaper to escape eternal damnation. | |||
{{sa}} | {{sa}} | ||
*[[GameStop]] | *[[GameStop]] | ||
*[[Bottom of the range]] | *[[Bottom of the range]] | ||
*[[Roll of honour]] | |||
Latest revision as of 12:09, 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 — also called a “shorts squeeze”) 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.
- Etymology: Named for Melvin Capital Management LP, the unfortunate fund to which this happened).
2. (Everyone else) The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”.
- Etymology: Named for the scene in Bill & Ted’s Bogus Journey, in which Bill and Ted “melvin” the Grim Reaper to escape eternal damnation.