What is ‘Bagel Land’
A slang term that represents a stock or other security that is approaching $0 in price. Arriving in bagel land is usually the result of one or more major business problems that may not be resolvable. This term is typically used to describe an asset that has fallen from grace as opposed to a penny stock or other historically cheap security.
Explaining ‘Bagel Land’
If a stock or other asset is headed toward bagel land or is approaching $0 (resembling the hole in the middle of a bagel), investors generally feel that the security is nearly worthless. In such cases, a company may be nearing bankruptcy or facing major solvency issues. While returning from bagel land is possible, the likelihood that equity investors will lose their entire stakes in the company becomes very high.
Further Reading
- Bodegas or bagel shops? Neighborhood differences in retail and household services – journals.sagepub.com [PDF]
- Experimental research on energy consumption in baking bagels. – www.cabdirect.org [PDF]
- Opportunities in production and marketing of integrated fruit production (IFP) certified apples in Poland – www.tandfonline.com [PDF]
- Vaccination of Cattle with Attenuated Para-Influenza Virus 3. – www.cabdirect.org [PDF]
