Goldbrick Shares
A stock that bears the surface appearance of quality and worth, but is in fact worth very little.
Investopedia Commentary
The term "goldbrick" is normally used to describe objects that are fraudulent or a sham. It can also be applied to securities and the corporations that issue them.
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Elves And Gnomes: A Fairytale World Of Investing
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See also: Bo Derek, Cats and Dogs, Cook the Books, Cookie Jar Accounting, Fool's Gold, Leprechaun Leader, Watered Stock