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single-digit midget noun. A company with a stock price below 10 dollars.

Example Citation:
"The upshot is that investors are 'shooting the wounded,' dumping their holdings in former high fliers, including eToys and CDnow, and turning them into 'single-digit midgets,' Silicon Valley parlance for companies with droopy share prices."
—Brad Stone, "Dot-Coms Over a Barrel," Newsweek, April 3, 2000

Related Words:
bear tack
capitulation bottom
dead cat bounce
double-digit midget
drill bit stock
fallen angel
falling knife
Nasdaq
retirement panic
Rio hedge
show-me stock
stag
statement shock
stuckholder
sucker rally
ticker shock

Subject Categories:
Business - Companies
Business - Stock Market and Investing

Posted on April 5, 2000 at 7:32 PM
Updated on April 5, 2000 at 7:32 PM


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