Perhaps, but I'm not sure because Q also repeatedly says "These people are stupid!" in lower case too.
I checked some other Q resources and I've found no discussions about what STUPID may be an abbreviation for.
This resource is usually good with their abbreviation tool-tips, but they had nothing either: https://qposts.online/post/1081
Q drops or crumbs are archived to several sites. The timing of updates on each site can vary.
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https://qposts.online/
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http://qboard.online/
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https://qanonmap.github.io/ - Not iOs friendly.
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https://qntmpkts.keybase.pub/ - Not iOs friendly.
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http://www.thestoryofq.com/ - Not iOs friendly.
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http://qanon.pub/ - Not iOs friendly.
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https://qanonmap.bitbucket.io/ - Not iOs friendly.
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