Akademik

single-digit midget
n.
A company with a stock price below 10 dollars.
Example Citation:
"The upshot is that investors are 'shooting the wounded,' dumping their holdings in former high fliers, including eToys and CDnow, and turning them into 'single-digit midgets,' Silicon Valley parlance for companies with droopy share prices."
— Brad Stone, "Dot-Coms Over a Barrel," Newsweek, April 3, 2000
Related Words:
bear tack
capitulation bottom
dead cat bounce
drill bit stock
fallen angel
falling knife
flash crash
Nasdaq
retirement panic
Rio hedge
show-me stock
stag
statement shock
stuckholder
sucker rally
ticker shock
Categories:
Companies
Stock Market and Investing

New words. 2013.