1 definition by Shallow Fucking Money
An extremely stupid (and somehow not illegal) play on the stock market by an institutional investor which results in billions of dollars of damage to the company who made the play. Typically due to extreme greed such as shorting stock by over %100 in the hopes of buying it back after it drops to zero dollars.
Named for the company holding the short position during the 2021 GME Short Squeeze
Named for the company holding the short position during the 2021 GME Short Squeeze
GME is a company with no intrinsic value! They'll be bankrupt by the end of 2020! Let's Melvin it! What's the worst that could happen? Only a total retard would try to squeeze us here...
by Shallow Fucking Money January 28, 2021