dead cat bounce
wall street expression describing the phenomenon of a stock or share bottoming out to near zero and then recovering with a sharp buying spree from bargain hunters: the notion being that even a dead cat will bounce if dropped from a high-enough point.
your stock prices going up is no more than a dead-cat bounce: it doesn’t have the juice to stay up.
investor slang; a brief recovery in the price of a falling stock. term is derived from the idea that “even a dead cat will bounce if it falls from a great height.”
i tried to buy gx on the dead cat bounce but got burned.
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