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 melvin mug.When a person has a Head Like A Hole by the band Nine Inch Nails that is full of Holy Water and the size of a Watermelon with a giant John Mellencamp, they have a Head Like A Holy Water Mellencamp.
"Thou shalt not forsake my Head Like A Holy Water Mellencamp under the rug!"
Judy: "Hey, Donna? Do you like that song called "Head Like A Hole" by Nine Inch Nails?"
Donna: "Sure! It's ok!"
Judy: "What about Holy Water? Do you like that?"
Donna: "I guess so! Why do you ask?"
Judy: "I just wanted to know if you wanted some. Say, do you like Watermelons?"
Donna: "Yes. You know I do. What are you getting at?"
Judy: "Nothing, but I scored some tickets to see John Mellencamp tomorrow. Do you want to go?"
Donna: "That would be awesome! Sure, I'll go!"
Judy: "Great! Don't forget to pack your Head Like A Holy Water Mellencamp!"
Judy: "Hey, Donna? Do you like that song called "Head Like A Hole" by Nine Inch Nails?"
Donna: "Sure! It's ok!"
Judy: "What about Holy Water? Do you like that?"
Donna: "I guess so! Why do you ask?"
Judy: "I just wanted to know if you wanted some. Say, do you like Watermelons?"
Donna: "Yes. You know I do. What are you getting at?"
Judy: "Nothing, but I scored some tickets to see John Mellencamp tomorrow. Do you want to go?"
Donna: "That would be awesome! Sure, I'll go!"
Judy: "Great! Don't forget to pack your Head Like A Holy Water Mellencamp!"
by ANOTHERDEADROMEO February 25, 2023
Get the Head Like A Holy Water Mellencamp mug.