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Spiffy-Drop

A spiffy-drop is when a stock drops more dollars per share in a single day than you paid in your own cost per share. It is the opposite of a spiffy-pop. This term was coined in the Motley Fool Rule Breakers community, as an elegant mot juste complementary to the Rule Breaker invention of spiffy-pop. 

So for example, if originally you paid $10.15 a share for your shares of Xerox, and then on some horrible future day Xerox stock drops $10.16, you have just suffered an ignoble spiffy-drop. It's probably worth pointing out that a spiffy-drop usually only happens to an investment that has done well. The ancient Norse saying that "it takes a spiffy-pop to eventually make a spiffy-drop" is more often true than not.

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This article is part of The Motley Fool's Knowledge Center, which was created based on the collected wisdom of a fantastic community of investors based in the Foolsaurus. Pop on over there to learn more about our Wiki and how you can be involved in helping the world invest, better! If you see any issues with this page, please email us at knowledgecenter@fool.com. Thanks -- and Fool on!


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