The art of buying a stock at a high price in hope of flipping a quick profit, then being surprised when making massive losses.
Ryder: "I bought gamestop shares at $90"
Ryder(2 hours later): "SHIT it's worth $60"
That's rydernomics for you, should have listened!
Ryder(2 hours later): "SHIT it's worth $60"
That's rydernomics for you, should have listened!
by DragoonFromBDO February 6, 2021
The art of purchasing an asset in hopes of making large gains, then losing said asset and being worse off than where you started.
Ryder: "I purchased a Belt and I will be making 200 Million off this deal"
Ryder(2 minutes later): "It's gone"
Goon: "That's that Rydernomics for you!"
Ryder(2 minutes later): "It's gone"
Goon: "That's that Rydernomics for you!"
by DragoonFromBDO February 6, 2021