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take a haircut

take a haircut  v. phr.— «To account for the fact that the shares cannot be sold, FBR uses an accounting technique known as a “liquidity discount,” or, in the jargon of Wall Street, “taking a haircut.” Back to your...

Couric clause

Couric clause  n.— «The provision prompted an intensive lobbying effort from businesses, especially executives in the entertainment industry and Wall Street, who feared that competitive information about their star performers would be...

fear gauge

fear gauge  n.— «The selling was largely driven by a sharp rise in volatility, with the Vix index, often referred to as Wall Street’s “fear gauge” hitting a two-year high.» —“Emerging equities suffer worst losing streak since...

baked in

baked in  adj.— «Archipelago shares have marched steadily higher since April, when the deal was announced, from $18 per share then to about $64 as of Tuesday’s close. Some analysts have suggested this means any gains were already...

overhang

overhang  n.— «Uncertainty over Lipitor had been a cloud over Pfizer, or an “overhang,” in Wall Street lingo.» —“Pfizer’s Lipitor patent win rallies drug stocks” by George E. Jordan Star-Ledger (N.J...

Big Mo

Big Mo  n.— «I would argue that Altria is still relatively cheap, P/E below 16 on a trailing basis, (can you BELIEVE Merck is cheaper than Altria!) Plus, Wall Street moves slowly. There is still a huge bias against the Big Mo (as it’s...