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falling knife

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falling knife
A stock with a rapidly declining price.


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For example, searching on the term stocks in the business category returned results including "Catch a falling knife," which means buying a stock as its price falls in the hope it'll rise again, only to have it continue to decline.
For every invitation I extended to myself to average down, I ignored an equally facile warning about not attempting to catch a falling knife.
The old investment proverb, "beware of catching a falling knife," may well apply.
 
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