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 Melvin mug."Haha, did you hear Melvin Capital went tits up after shorting GME?"
"Yea. They really got melvined. Hey, by the way, can you spot me a quick handy behind Wendy's? I'll give you some GME later."
"Yea. They really got melvined. Hey, by the way, can you spot me a quick handy behind Wendy's? I'll give you some GME later."
by GME TENDIES January 29, 2021
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by UrbanUser69420 April 26, 2021
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by Ita's Jujuman October 9, 2023
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by xGremlxn November 20, 2023
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