ace
In surf lingo, Billabong director Paul Naude is an ace—a surfer who goes solo. The company's stock shot up 10% Monday after Billabong said Mr. Naude, a former pro surfer, is considering a buyout bid.
Other surf-lingo terms for people include "gremmie" or "grommet" (an inexperienced surfer), "kook" (someone who doesn't follow surfing etiquette), "barn waller" (a surfer with poor style) and "ho-dad" (a hanger-on who has a habit of annoying surfers).
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