InvestorsHub Logo
Followers 0
Posts 264
Boards Moderated 0
Alias Born 06/25/2004

Re: None

Thursday, 06/22/2017 4:06:53 PM

Thursday, June 22, 2017 4:06:53 PM

Post# of 8214
HUGE ....
https://en.wikipedia.org/wiki/Bagholder

In U.S. financial slang, a bagholder is a shareholder left holding shares of worthless stocks.[1]
The shareholders could be caught up in a corporate bankruptcy and accounting scandal, as was the case with Enron and Worldcom, or the victims of a pump and dump scheme, in which naive and unsophisticated investors fall victim to e-mail spam, rigged stock tip forums, or other tricks used by stock touts to drive up the shares of worthless penny stocks.[citation needed]
The word is derived by combining shareholder with the expression "left holding the bag."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.