holding the line
Collectively refusing to sell during a downturn.
Definitions
The act of the community refusing to sell en masse during a sell-off, so that short sellers and paper hands can't force a capitulation.
holding the line In A Sentence
Origin & Usage
Extension of 'hold the line'; a defining behavior of the 2021 meme-stock squeezes.
People Also Ask
What does 'holding the line' mean in stocks?
It means a group of traders collectively refuse to sell during a sell-off, so short sellers and panic-sellers can't force the price down.
Where did 'holding the line' come from?
It's an extension of the military phrase 'hold the line,' and became a rallying cry during the 2021 meme-stock squeezes on WSB.
Why do traders hold the line?
To keep collective pressure on short sellers; if enough holders don't sell, shorts stay trapped and may be forced to cover at higher prices.
Comments 0