Puke

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Puke

Slang for a trader selling a position, usually a losing position, as in, "When in doubt, puke it out."

Puke

Informal; the sale of a losing position. This is done to avoid further losses and to free up money that may be used in a more profitable investment. While rebounds are possible, puking a security indicates the investor's acknowledgement that further losses are unacceptable and a price recovery is unlikely. Reaching this attitude is known as reaching the "puke point." Knowing whether one is correct in reaching the puke point at a certain time is the subject of much speculation and depends greatly on one's investment strategy. See also: Close a position.
References in periodicals archive ?
To be honest, I was never much of a drinker, although as a teenager I had my pukey mornings.
And if I had a friend who'd allowed my room to be turned into a pukey pink palace, I don't think I'd consider her much of a friend anymore.
We don't want it to be like the Miss World competition when they walk to the end of a catwalk and give a pukey smile to the audience.
ST: To be honest I was never much of a drinker, although as a teenager I had my pukey mornings, and when my parents died I went through a few months in kind of a party mode where I would go out to clubs every weekend.
When you say pukey, Melinda, what do you mean," said BB.
She took to her Twitter account to tell fans about her news and wrote "So tired, so pukey, so pregnant.
A sort of shrunken people carrier in a pukey colour that resembled watered down school custard.