In the years leading up to 2022, Melvin Capital made bets against key stocks within the USA stock market, after retail investors noticed inconsistencies with the stock, specifically the huge short position that Hedge Funds (including Melvin Capital) had accrued. Retail traders realized that these positions would at some stage need to be bought back so they independently decided to buy up the stock.
Melvin Capital essentially went bankrupt due to some very poor decision making and lack of proper risk management.
The phrase "you did a melvin" was coined in 2022 to indicate that your lost money, or made bad decisions which affected you negatively.
Melvin Capital essentially went bankrupt due to some very poor decision making and lack of proper risk management.
The phrase "you did a melvin" was coined in 2022 to indicate that your lost money, or made bad decisions which affected you negatively.
by !Gary Gensler August 17, 2022
Get the you did a melvinmug. 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
Get the Melvinmug. No matter how beautiful a woman is or how good in bed she is there will always be that one guy who's sick of her shit
by Philth13 January 29, 2023
Get the Melvinmug. Dr. Paul: "Hi Lori, you're looking a little upset this morning. Care to talk about it?" "Oh Dr. Paul...I don't know what to do...this guy Melvin... just cost me hundreds of dollars in service fees by lying to my credit card provider, telling them I never sent him his order. But I did...I really did. I had all my paperwork work proving I did, but the bank took his side regardless and won't pay me. I've been...oh....ahhhh...I've been Melvined"....
by Reinhardt Scrumschnutzel August 31, 2025
Get the Melvinedmug. by gayman69429 April 17, 2020
Get the Melvinmug. by Snarts September 6, 2018
Get the Melvinmug. a boy you love to look at. his skin is perfecty smooth and tan, his eyes are dark and dangerous yet warm and endearing and his smile is to die for. he's very smart especially in creative writing even if he is somewhat an overachiever with rock hard abs definitive v line and intimidating muscles. he loves being the best and is fiercly loyal to his friends and family. with just a wink he'll melt your heart and you will promise him your virginty. he can own your vagina with just a glance.
irl 1: omg did you see that guy?? he winked at me and my vagina belonged to him
girl 2: oh yeah that happened to me yesterday, he's such a melvin.
girl 2: oh yeah that happened to me yesterday, he's such a melvin.
by anonymous November 29, 2021
Get the Melvinmug.