Due diligence is defined as an investigation of a potential investment (such as a stock) or product to confirm all the facts. Due diligence is defined as an investigation of a potential investment (such as a stock) or product to confirm all the facts. Double Down It has a few different interpretations, but basically it is that whenever you are losing money on a stock, buy double the amount you initially bought. With this strategy you can make big profits and recoup possible losses.
In WallStreetBets and the rest of the stock market, DD stands for due diligence, or researching a stock before investing. The term due diligence is used in many different ways. Therefore, we suggest monitoring the company’s trends for at least a few quarters or even a year before deciding whether to go ahead with buying the stock. When talking about stocks or other investments, DD means “due diligence”.
But when it comes to stocks, it refers to the in-depth research and audit to make sure you have all the facts and details you need to make a complete decision. Use your DD to learn about the stock’s ecosystem and broader industry, and about the market as a whole.
What does DD mean on WallStreetBets?
Posts labeled DD on the forum tend to have a lot more information to back up your opinion on certain stocks or bets rather than simply building on existing momentum. These DDs would be very detailed, like the kind of analysis that the now-famous Keith Gill – aka DeepFuckingValue – would later post about computer game retailer GameStop, which led to the 100-fold price hike that has recently taken the world by storm. Users referred to themselves as “degenerates or “retards” (an anagram of “traders”) and, when they posted their analysis of potential business opportunities, it was known as “DD or due diligence”. Doubling down refers, surprisingly, to throwing even more money at a stock or position, usually if it has begun to show promise as a bet or has the potential to increase in value.
And what about the other popular lingo at WallStreetBets? As Reuters reports, “stonks” is an intentional misspelling of stocks; “YOLO” means “you only live once and refers to people who invest heavily in a given stock; “diamond hands” are WallStreetBets members’ characterizations of their strong positions; and “to the moon” is a rallying cry for certain stocks. According to another user, DD can also mean “double down” when WallStreetBets members are “telling you to throw all your money away because it’s a promising investment looking to increase in value.
