Superstonk glossary of terms
Folks:
Lots of new eyeballs on this sub. All of the acronyms get confusing. Here is a humble attempt to collect some of the more common terms and phrases in one place. Comments/suggestions welcome. Also, when I started this I had no idea this post already existed (thanks u/Environmental_Neat53).
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ACAT Automated Customer Account Transfer (Service). The system used to transfer an account from one broker to another broker (this is not DRS).
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AH After hours. Also called Extended Hours trading. Stock market trading outside of the regular US market hours of 9:30am to 4:00pm.
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Ape A retail investor who holds (does not sell) their shares. References to Planet of the Apes ("Apes together strong" and "Ape no fight ape")
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CS Computershare. A company that provides stock registration services (keeps track of who actually owns which shares). Facilitates DRS.
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DD Due Diligence. Researching a topic and providing evidence for your conclusions. The mother of all DD is found here
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DRS Direct Registration of Shares. Placing share ownership in an individual investor's name.
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DTC The Depository Trust Company. The company responsible for tracking the ownership of stock.
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ETH Etherium blockchain.
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FTD Failure to Deliver. When the holder of a short position does not return the shares they borrowed.
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FOMO Fear Of Missing Out.
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FUD Fear, Uncertainty and Doubt.
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GG Gary Gensler. Current chair of the SEC.
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HF Hedge Fund
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HODL Hold. As in hold (don't sell) your stocks. (Not financial advice).
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IBKR Interactive Brokers. A popular brokerage firm.
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ILTS I Like the Stonk (or Stock).
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LMAYO Like LMAO (Laughing My Ass Off) but adjusted for a predilection for mayonnaise.
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MM Market Maker. A firm that continuously buys and sells in a market to add liquidity.
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MOASS Mother Of All Short Squeezes.
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NFA Not Financial Advice.
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NSCC National Securities Clearing Corporation. Responsible for the clearing and settlement of stock transactions.
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OP Original Post (or Original Poster)
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PD Pump and Dump.
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PFOF Payment for Order Flow. When an exchange or market maker pays a broker to route orders their way.
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Popcorn A reference to a different stock that was also heavily shorted.
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Q1, Q2, Q3, Q4 Quarters of the fiscal year.
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RC Ryan Cohen. Current Chairman of GameStop.
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SEC Securities and Exchanges Commission. The US regulator responsible for overseeing stock markets.
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SHF Short Hedge Fund. A hedge fund that has shorted a stock.
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SS Short Squeeze. Having to pay more than the original short sale price to cover a short position. Can sometimes also mean "short seller".
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Stonk Stock (as in shares of stock)
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TDA TD Ameritrade. A popular broker.
So many edits: Thanks for all of the contributions! u/MarriedWDogs and u/Pkmnpikapika
Posted Oct 29, 2021, 2:39 PM UTC · edited