1 definition by DP Ludwig

Top Definition

An asspoundee can be defined as any person who owned stocks during the February 27 2007 trading session, when the Dow Jones crashed and suffered a historic drop of over 400 points.

Goddam I felt like an asspoundee when I was margined to the hilt and lost all my money when the markets crashed on February 27 2007!
by DP Ludwig February 27, 2007
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