Cash Gang

Cash gang is an expression which was popularized by the Reddit community. Its origin is hard to determine but, as many expressions which made their way into everyday lexicon, it can be assumed that it came from /r/wallstreetbets.

Cash Gang’s meaning in simple: whoever goes “Cash Gang” has closed all his positions and is only holding cash in their account.

Reddit’s infamous online investment community, /r/wallstreetbets has many different “gangs”. A “gang” displays the users state of trading. If said user claims to have “joined a gang”, that means he’s signaling other members of the community that he has taken a certain investment route.

Reasons that someone may have just joined the cash gang include but are not exclusive to:

1. Taking a break from trading

2. Losing pretty much all their money and wanting to reset or save face

3. “Paperhanding” their investments

4. Worrying about what comes next in terms of market conditions

If the market is crashing, those who are members of the “Cash Gang” are usually thrilled to be watching it on the sidelines and will often remind other users of it.

Other examples of “Gangs” which are derivatives of /r/wallstreetbets antics are:

1. The Steel Gang (whose members can be found on /r/Vitards, a mobster themed steel investment subreddit)

2. The Pool Gang (also a part of /r/Vitards)

3. The Bull Gang (bullish investors)

4. The Bear Gang (antithesis and arch enemies of the Bull Gang)

5. The Theta Gang (found mainly on /r/thetagang),

and so forth.

The gimmick is consistent amongst them: the “gang” connotation is simply used in what seems to be a tribalistic rite and a signal of their investment strategy.