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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.

Expanded Definition

So for example, if originally you paid $10.15 a share for your shares of Yahoo, and then on some horrible future day Yahoo 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.

Fool Lore

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.

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