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. by Hym Iam July 9, 2025
Get the I'm sure you didmug. Come on, why did you look this up? Come and be a, why did you look this up? Oliver, Josh, Jack and Ben. LoL Yolo. 🤗💩🦄😇😱🖕
by William Shakes The Speare May 25, 2016
Get the Why did you look this up?mug. Come on, why did you look this up? Come and be a, why did you look this up? Oliver, Josh, Jack and Ben. LoL Yolo. 🤗💩🦄😇😱🖕
by William Shakes The Speare May 25, 2016
Get the Why did you look this up?mug. This is what you would say when Eren Yeager from Attack on Titan does something gay with you but he had socks on. This is usually when you assume the role of Armin Arlert from Attack on Titan.
“Eren what the hell is wrong with you?! Of course it still counts even if you did it with your socks on!”
by frankenen February 24, 2024
Get the “Eren what the hell is wrong with you?! Of course it still counts even if you did it with your socks on!”mug. by Edgar ShufflePoop December 16, 2024
Get the Did you know?mug. A catchphrase often used by Indian scammers who are in the midst of crashing out after their plans to scam have been foiled. It’s typically used after “do not redeem!” whereby the scammer wants the victim to send them the gift cards instead of redeeming them.
Indian scammer: NO! NO! NO! WHY DID YOU REDEEM IT? MA’AM, WHY DID YOU DO THIS? HELLO!!! YOU DID NOT HAVE TO REDEEM THIS!!! NOW YOU SEE WHAT YOU DID? DO YOU SEE?!?
by Cheehuahua December 29, 2024
Get the WHY DID YOU REDEEM ITmug.