- Torpedo Stock
- A stock that has fallen substantially in value and that looks like it will continue to fall in value in the foreseeable future. This name refers to this type of stock's similarity to a battleship after it has been struck by a torpedo: it goes down fast and continues to sink until hits the bottom.
A change in a business's underlying fundamentals can turn a company's stock into a torpedo stock. For example, investors see earnings as a good indicator of a business' success, as even a gradual rate of earnings growth indicates that a business is doing well. However, quarter after quarter of declining earnings with no end in sight can be enough to cause investors to "jump ship" as a stock's price starts to plummet.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Torpedo scad — Scientific classification Kingdom: Animalia Phylum … Wikipedia
FC Torpedo-ZIL — Infobox Football club clubname = Torpedo ZIL fullname = Football Club Torpedo ZIL nickname = Avtozavodtsy (Automobile plant workers) founded = 1997 dissolved = 2004 ground = Eduard Streltsov Stadium, Moscow capacity = 13,200 league = Russian… … Wikipedia
APR-3E torpedo — The APR 3E airborne light ASW acoustic homing torpedo is designed by Russian Tactical Missiles Corporation JSC to engage current and future submarines in at depth from the surface down to 800 metres at speed of up to 43+ kts, and it is a… … Wikipedia
Glossary of rail terminology — Rail transport Operations Track Maintenance High speed Gauge Stations … Wikipedia
Preston Tucker — Preston Thomas Tucker (September 21, 1903 ndash; December 26, 1956) was an American automobile designer and entrepreneur. He is most remembered for his 1948 Tucker Torpedo, an automobile which introduced many features that have since become… … Wikipedia
Coaches of the London, Midland and Scottish Railway — The London, Midland and Scottish Railway (LMS) inherited several styles of coaching stock from its constituents. Stock built by the LMS itself can be categorised into three separate periods, numbered I to III. Contents 1 Coaches inherited from… … Wikipedia
Liste der Motorradmarken — Inhaltsverzeichnis 1 Aktuelle Motorradmarken in alphabetischer Reihenfolge 2 Historische, heute nicht mehr produzierte Motorradmarken in alphabetischer Reihenfolge 3 Motorradmarken nach Staaten geordnet 4 Weblinks … Deutsch Wikipedia
Ongar railway station — Ongar Location Place Chipping Ongar Area Epping Fores … Wikipedia
Robert Whitehead — Infobox Engineer image size = caption = Robert Whitehead (right) with a battered test torpedo, Rijeka (Croatia), c.1875 name = Robert Whitehead nationality = birth date = birth date|1823|1|3|df=y birth place = Bolton, Greater Manchester, England … Wikipedia
Naval mine — Polish wz. 08/39 contact mine. The protuberances around the top of the mine, called Hertz horns, are part of the detonation mechanism … Wikipedia