Definition of Stonks
What does the term "stonks" mean? What is meant by the term "stonks"?
The term "stonks", which originated as a meme on Facebook and was popularized by the Reddit community "WallStreetBets", is a tongue-in-cheek term that is used to describe poor financial decision, especially when it comes to investing in the stock market.
is a deliberate misspelling of the word stocks, and is included on a picture of a "meme man" with tickers and upwards rising arrows in the background.
For instance, let's say that you decide to purchase 1,000 shares of a stock at $10, and the next day they announce poor earnings and drop to $5/share.
"Stonks", as this was obviously a poor financial decision.
Let's say that you decide to short Tesla right before they post a blowout quarter and go up hundreds of points.
"Stonks".
Let's say that you decide to sell your 1,500 shares of Gamestop just before it makes the run of the century.
"Stonks".
This is a humorous way to point out poor financial decisions.
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