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What does sit tight mean?

Looking for the meaning or definition of the word sit tight? Here's what it means.

Verb
  1. (idiomatic) To wait patiently; to take no action; to remain quiet or relatively motionless.
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Examples
Then I guess you just sit tight with a good book and wait until the electricity goes off and your roof starts coming off.
But if we are right on the analysis and willing to sit tight, we will eventually recover unrealized losses and make money.
They may simply sit tight in the expectation that the club's growth will continue and the value of their stake will rise further.
All we can do is sit tight and wait and that is simply making a worrying situation even more difficult.
For the rest, it might be better to sit tight and wait for the industry to pull its finger out.
As rumours of a buyout surface once more, should shareholders sell or sit tight?

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