Here's a sentence I don't understand:
I buy the stock when it is ripping.
The sentence is talking about buying a stock (i.e. equity shares) when it is "ripping". What does "ripping" mean?
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This is stockmarket slang, and not general use
According to vantage point trading
''Rip'' A dramatic upward move in the price of an asset, relative to surrounding price moves.
Compare with the slightly better known "Tanking" (to dramatically drop in value)
It is related to the common meaning "To move or act fast, to rush headlong." (Wiktionary sense 11)