tenbagger n.— «In his best-selling book from 1989, “One Up on Wall Street,” there’s even a chapter entitled “Stalking the Tenbagger.” That’s the kind of stock that goes up tenfold.» —“The Store Is Jumpin’. The Stock Isn’t...
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...
IBGYBG n.— «On Wall Street, a new phrase was invented only a few years ago: IBGYBG. I’ll be gone, you’ll be gone, so let’s do the deal and let the suckers pay for it. Now consumers are suckered into no-income second mortgages (:hey they...
flight to cash n.— «This in turn, it comments, could mean trouble for many small US banks, and some big ones, too, and could bring a flight to cash and precious metals and eventually a world recession.» —“Wall Street: Dilemma Of Oil...
tape bomb n.— «Wall Street traders like to call unexpected news events “tape bombs.” The terminology presumably dates back to the days when the physical flow of ticker tape delivered the latest ups and downs of stock price...
elephant hunting n.— «One strategy particularly at risk is “elephant hunting,” as it is known on Wall Street, or the megabuyout of large publicly traded companies worth tens of billions of dollars.» —“Buyout firms adjust for less...