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Gripple

Gripple  n.—Gloss: a Wall Street term for Google, Research in Motion, and Apple together. «Gripple is Wall Street argot for Google, Research in Motion and Apple. The concept is they are really one stock, interchangeable as to valuation and...

tenbagger

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

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

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...

elephant hunting

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...

hitterish

hitterish  adj.— «“How many years did you hear that a lefty could never win at Fenway? It’s not true.” In July and August, when the air is conducive to what the late Ned Martin referred to as hitterish weather, the wind blows from...

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