bagel land meaning
[Finance]
A slang term that represents a stock or other security that is approaching $0 in price. Arriving in bagel land is usually the result of one or more major business problems that may not be resolvable. This term is typically used to describe an asset that has fallen from grace as opposed to a penny stock or other historically cheap security.
A slang term that represents a stock or other security that is approaching $0 in price. Arriving in bagel land is usually the result of one or more major business problems that may not be resolvable. This term is typically used to describe an asset that has fallen from grace as opposed to a penny stock or other historically cheap security.
Examples
- Barbara Mattadeen has already bought $ 5 worth for herself and chipped in on the Wellington Bagel Land pool.
- As this proved to be the sole opening in the entire lot, he was locking up and walking off to bagel land as I admitted defeat and drove back into traffic.