Reddit trading lingo may filter in to Washington on Thursday when top hedge fund managers, the head of Robinhood and Roaring Kitty himself are set to give testimony before US House of Representatives lawmakers.
The lingo of the online traders of Reddit s WallStreetBets group, or WSB, which fueled a surge in GameStop Corp s stock, prompted even singer Dionne Warwick to ask on Twitter, What are stonks and why is it a trending subject?
For the uninitiated, here is a guide to understanding some common WSB words:
STONKS
ROARING KITTY
The social media pseudonym of Keith Gill, a financial adviser in Massachusetts whose Reddit posts and YouTube video streams helped drive interest in GameStop s stock.