Bagel land

Bagel means the indispensable item that is served during critical restructuring meetings with cream cheese and the moment of extreme stress participants throw the Bagels against the wall of the conference room or at the participants at the meeting.

In the market, the broker can use the term that indicates a warning that the price of the stock is headed towards the shape of the bagel or Zero.           

The term indicates the asset - investment has fallen drastically as compared to a penny or other historically low-cost securities.

If the value of such an asset is headed towards a bagel, it means the security is approaching rate when it will become nearly worthless.

In such conditions, one can predict that the company is nearing bankruptcy or facing major solvency issues.

Sometimes, some financial stocks or energy stocks return from a bagel or there can be chances when the equity investors lose their entire stakes in a company that was bought at a very high rate.