Torpedo Stock

Categories: Stocks

Think: old, black and white submarine movie. The old German ship is torpedoed and sinks realllllly fast. Huge hole in hull; no hope of happiness ever again.

That's a torpedo stock. You bought it at $100. A sell side analyst downgraded it, or they had a bad quarter, or something fundamental happened, and the next day it closes at $90...then at $82 the next, then at $73 the next, and so on until it's at 4 bucks and is running out of cash.

No hope of recovery. Pretty much The End. See the film U-571 or Das Boot for details.

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Finance: What is Dead Cat Bounce?13 Views

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market plummets rebounds very slightly and then plummets again The

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idea comes from the notion of dropping a cat off

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twelve hundred Yeah that uplift of two hundred points there

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I'm not totally sure who came up with this term 00:00:50.247 --> [endTime] but wei have a pretty good idea

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