wall-cross v.— «Wells Fargo wanted to be among one of the first banks to get to the market before fund managers and investors became overwhelmed by the supply of stock. Being first also carried the risk that the offering could be too big...
soft-second n.— «As another example, borrowers could be required to share with the government or with the holder of the borrower’s existing mortgage either the equity created through a write-down or the future appreciation in the home...
break the buck v. phr.— «He thinks it’s unlikely the companies running money market funds would allow them to “break the buck,” as it’s known in Wall Street parlance even if the funds lost money on SIV-related investments. The...
briefcase investor n.— «As for the Chinese, she bitterly refers to them as “briefcase investors.” “They just fill their briefcases with our wealth and leave,” she said.» —“In Africa, China Is Both Benefactor and...
get one’s bait back v. phr.— «You have reason to hang in there, unless you can find another winner. (Auntie Spender says, if you are nervous in the market, just sell enough stock to get your bait back.)» —“Investor Features...
gamma scalping n.— «Gamma scalping, when done correctly, allows traders to profit from small daily movements in the underlying stock. This scalping pays for the decay while the investor waits for a large movement in the underlying...