who is on the wrong side of a stock
for an extended period of time, with the consistent belief that he or she is in fact correctly predicting its direction, despite strong evidence to the contrary. Typically, this person loses most or all of his or her money in the process.
The term comes from people in soup lines during the Great Depression, who held potato bags filled with their only possessions.
"All the retail investor
s who bought priceline.com in early 2000 saw their investment value shrink 99% over the following year. They were the bag holders the smart traders unloaded their shares onto."
Noun. An investor, usually in the stock market, who's hanging on to his stock, which has plummeted appreciably.
Mo: "Kevin, did you dump that piece of shit stock yet?"
Kevin: "No, I forgot all about it. I closed my eyes for a second and when i woke up from my nap it was down 2 points."
Mo: "Oh man, you're a fukkin bagholder now. That shit's worthless. Why'd you listen to the pumptards?"
Kevin: "I know, I know. Ugh, I'm losin it...."
A person who is left behind when someone such as a parent, child or spouse leaves town unanownced and leaves behind unsettled responsibilities and/or debts.
Yeah I haven't heard from HER in a few days, I've heard a lot from her MOM and her BILL collectors, but not from her. It looks like I'm the bagholder.
In a swinger group it's the husband who holds while wife is merging with another group member...
wife says to husband " will U be my bag holder tonight? BIG black african wants me & he doesn't like his balls to drag on the sheets " !!
husband says to wife "####@$%$@$!" this is the last time I always get STINK HAND !!!