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story stock

 - 2 dictionary results
Slang Dictionary
story stock

  1. n.
    shares in a company that are bought because of an appealing story about the company. : I never buy a story stock. By the time I hear about it, it's already gone up as much as it ever will.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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Financial Dictionary

Story Stock

A stock whose value is a reflection of expected future potential (or favorable press coverage) rather than its assets and income.

Investopedia Commentary

An example of a story stock is a biotech company that expects test results for a cancer treatment. The stock would trade higher because of the expectation of good results.

Related Links

Stock Basics Tutorial
Trees and Apples: The Fundamental Mechanics of Investing

See also: Press Release, Speculator

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