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Spiffy-pop

Spiffy-pop is a term coined by Motley Fool Rule Breakers that refers to a situation whereby a stock's price increases more in a single day than the original cost basis.

Expanded Definition

When a stock in your portfolio becomes a daybagger -- gaining more in one day than you originally paid for it -- it has spiffy-popped.

In 2007, David Gardner asked the Rule Breakers community to help him invent a word to capture this phenomenon. Member Carol Binion came up with spiffy-pop as the winning verb that David selected. As he explained at the time, she "seemingly shares my bent toward the whimsical... seemingly understands what I will simply call the 'fizz' of language -- I've somehow been haunted by it."

A mere two days after announcing the winning words, Rule Breakers had its first stock spiffy-pop: Digital advertiser and marketer aQuantive received a buyout offer from Microsoft and gained more than $38 that day. From its recommendation price of $25, that made aQuantive the service's first daybagger.

"Spiffy is for closers!"

An impassioned discussion similar in force and breadth to Major League Baseball fan arguments for and against the designated hitter, a debate rages back and forth over exactly what constitutes a spiffy. Is it, as some believe, anytime during the day that a stock rises more than your cost? Or, does the stock have to close above your cost? On April 29th, 2010 at 12:48am EDT, David Gardner attempted to close the debate with the simple statement, "Spiffy is for closers." In other words, the term's champion strongly sides with those who believe a true spiffy-pop closes above your cost, does not merely flit briefly above it early in the day and get daybagger credit. The only exception that David allows on this point are those who decide -- for better or worse -- to sell their daybagger intraday, locking out the position at a spiffy price.

Otherwise, spiffy is for closers.

David Gardner Explains

[This video was shot on April 27, 2010.]

Fool Lore

The most frequent Motley Fool premium services spiffy-popper -- long ago now a "forget-me-pop" (see below) -- is Priceline. Stock Advisor's May 21, 2004 selection has a cost basis of $23.71, so with the stock well more than a 50-bagger, long ago PCLN's spiffy-pops stopped counting.

Another early classic spiffy-pop stock has been Motley Fool Rule Breaker Intuitive Surgical. For three straight years (2007-2009), ISRG spiffy-popped the week of July 20th! The 2007 daybagger was July 20th, while in both 2008 and 2009 ISRG spiffy-popped on July 23rd. Perhaps July 23rd should be relabeled Spiffy-Pop Day.

The Motley Fool premium services' original spiffy 3-pop (see below) occurred with the acquisition of Marvel by Disney, announced on August 31, 2009. The Stock Advisor scorecard went nuts, and one of David Gardner's best stock picks got gobbled up. (The investment with its outstanding returns continues, though, as Disney.)

The most recent Motley Fool spiffy-pop -- the 12th of 2015 -- was achieved by Motley Fool Rule Breakers with Tim Beyers's pick of Salesforce.com, the second time Salesforce became a daybagger for The Motley Fool. This came soon after a very notable spiffy-pop for Amazon.com. That stock was first recommended by David Gardner for Stock Advisor at $15.98 on September 6, 2002. What made this spiffy even sweeter is that David's original cost basis on AMZN was actually much lower -- $3.21 from this original buy report -- http://www.fool.com/portfolios/RuleBreaker/Trades/RuleBreakerTrade_amzn970908.htm -- in September 1997 for the original FoolPort. Thus, AMZN's gain of $55.11 on April 24, 2015 was not only a spiffy 3-pop for Stock Advisor members, but the first-ever spiffy deca-pop (see below) for those who've been with David and Amazon from the beginning.

Every Motley Fool spiffy multi-pop is to be cherished, of course. Only those Fools who have truly drank from this cup can appreciate the alluring and -- to most of the world -- mysterious flavor. The Motley Fool continues to work its hardest to "share the taste of spiffy" with as many people as possible, worldwide, in pursuit of our mission to help the world invest -- truly, invest -- better.

History of Motley Fool Premium-Service Spiffy-Pops

This is an incomplete listing of spiffy-pops achieved by Motley Fool premium services for members who've bought and held winners with us.

Date Motley Fool Service Stock Occurrence
8/27/15 Stock Advisor Walt Disney 12th
8/27/15 Rule Breakers Baidu 12th
8/26/15 Stock Advisor Walt Disney 11th
8/5/15 Stock Advisor Activision Blizzard 5th
7/24/15 Stock Advisor Amazon.com 13th$**
7/16/15 Supernova Phoenix 1 Netflix 2nd
7/16/15 Supernova Odyssey 1 Netflix 2nd
4/29/15 Rule Breakers Salesforce.com 2nd
4/24/15 Stock Advisor Amazon.com 12th*
4/16/15 Supernova Phoenix 1 Netflix 1st^
4/16/15 Supernova Odyssey 1 Netflix 1st^
4/8/15 Rule Breakers Baidu 11th
3/30/15 Rule Breakers Catamaran 2nd*
3/12/15 Stock Advisor Walt Disney 10th*
2/26/15 Rule Breakers Salesforce.com 1st^
2/4/15 Stock Advisor Walt Disney 9th*
2/3/15 Stock Advisor Walt Disney 8th
1/30/15 Stock Advisor Amazon.com 11th*
1/16/15 Stock Advisor Activision Blizzard 4th
11/10/14 Rule Breakers Baidu 10th
10/31/14 Rule Breakers MercadoLibre 3rd
10/30/14 Rule Breakers Catamaran 1st^
10/30/14 Rule Breakers Baidu 9th
10/28/14 Rule Breakers Baidu 8th
10/21/14 Stock Advisor Walt Disney 7th
10/17/14 Stock Advisor Walt Disney 6th
9/18/14 Rule Breakers Baidu 7th
9/2/14 Rule Breakers Baidu 6th
8/22/14 Rule Breakers Keurig Green Mountain 8th
8/15/14 Rule Breakers Monster Beverage 1st^
7/25/14 Rule Breakers Baidu 5th*
7/23/14 Rule Breakers Intuitive Surgical 5th
7/22/14 Rule Breakers Chipotle Mexican Grill 2nd
7/11/14 Stock Advisor Amazon.com 10th
6/24/14 Rule Breakers Vertex Pharmaceuticals 3rd*
6/13/14 Rule Breakers OpenTable 1st^
6/6/14 Rule Breakers Keurig Green Mountain 7th
6/5/14 Stock Advisor Amazon.com 9th
5/8/14 Rule Breakers Keurig Green Mountain 6th
5/7/14 Stock Advisor Activision Blizzard 3rd
3/4/14 Stock Advisor Walt Disney 5th
2/25/14 Supernova Odyssey 1 Tesla Motors 1st^
2/7/14 Stock Advisor Activision Blizzard 2nd
2/6/14 Rule Breakers Green Mountain Coffee Roasters 5th*
2/6/14 Stock Advisor Walt Disney 4th
1/30/14 Stock Advisor Amazon.com 8th
10/25/13 Stock Advisor Amazon.com 7th*
10/18/13 Rule Breakers Chipotle Mexican Grill 1st^
10/10/13 Stock Advisor Walt Disney 3rd
9/25/13 Rule Breakers MAKO Surgical 1st^
7/26/13 Stock Advisor Activision Blizzard 1st^
7/25/13 Rule Breakers Baidu 4th
6/17/13 Stock Advisor Netflix 13th$
5/7/13 Rule Breakers MercadoLibre 2nd
4/23/13 Stock Advisor Netflix 12th**
4/19/13 Rule Breakers Vertex Pharmaceuticals 2nd*
1/25/13 Stock Advisor Netflix 11th
1/24/13 Stock Advisor Netflix 10th**
1/23/13 Rule Breakers Intuitive Surgical 4th
10/26/12 Stock Advisor Amazon.com 6th
7/27/12 Stock Advisor Amazon.com 5th
5/7/12 Rule Breakers Vertex Pharmaceuticals 1st^
4/27/12 Stock Advisor Amazon.com 4th*
2/2/12 Rule Breakers Green Mountain Coffee Roasters 4th
1/26/12 Stock Advisor Netflix 9th
11/11/11 Stock Advisor Walt Disney 2nd
11/8/11 Stock Advisor priceline.com 13th$
11/3/11 Rule Breakers MercadoLibre 1st^
10/27/11 Stock Advisor priceline.com 12th
10/24/11 Stock Advisor priceline.com 11th
10/6/11 Stock Advisor priceline.com 10th
8/23/11 Rule Breakers Baidu 3rd
8/23/11 Stock Advisor Amazon.com 3rd
8/23/11 Rule Breakers Green Mountain Coffee Roasters 3rd
8/23/11 Stock Advisor priceline.com 9th
8/23/11 Stock Advisor Netflix 8th
8/5/11 Stock Advisor priceline.com 8th
7/27/11 Rule Breakers Green Mountain Coffee Roasters 2nd
7/5/11 Stock Advisor Netflix 7th
6/21/11 Stock Advisor priceline.com 7th
3/15/11 Stock Advisor Netflix 6th
3/10/11 Rule Breakers Green Mountain Coffee Roasters 1st^*
2/24/11 Stock Advisor priceline.com 6th
2/14/11 Stock Advisor Netflix 5th
2/10/11 Million Dollar Portfolio IPG Photonics 1st^
2/9/11 Stock Advisor Walt Disney 1st^
2/1/11 Rule Breakers Baidu 2nd
1/27/11 Stock Advisor Netflix 4th**
1/5/11 Stock Advisor priceline.com 5th
11/22/10 Stock Advisor Netflix 3rd
11/9/10 Stock Advisor priceline.com 4th
10/21/10 Stock Advisor Netflix 2nd
08/04/10 Stock Advisor priceline.com 3rd*
05/10/10 Stock Advisor priceline.com 2nd
4/29/10 Rule Breakers Baidu 1st^
4/22/10 Stock Advisor Netflix 1st^
11/18/09 Global Gains China Green Agriculture 1st^
11/10/09 Stock Advisor priceline.com 1st^
10/23/09 Stock Advisor Amazon.com 2nd
8/31/09 Stock Advisor Marvel 1st*^
7/23/09 Rule Breakers Intuitive Surgical 3rd
7/23/08 Rule Breakers Intuitive Surgical 2nd
7/25/07 Stock Advisor Amazon.com 1st^
7/20/07 Rule Breakers Intuitive Surgical 1st^
5/18/07 Rule Breakers aQuantive 1st^

the ^ indicates first -- "you never forget your first"
the * indicates a spiffy multi-pop (see below)
the ** indicates a very rare supernova multi-pop
the $ indicates the fabled forget-me-pop (the 13th and final daybagger we recognize -- see below)

All-Time Fool Daybagger Stats

With priceline.com (PCLN) having become our first-ever forget-me-pop (cf. section below), and having since daybagged several more times since, it is believed that PCLN enjoys the status of spiffiest Fool pick ever. That said, in June 2013 Netflix (NFLX) also forget-me-popped so PCLN has competition, and Amazon and Baidu may not be far behind.

The record number of daybaggers in a single month for Motley Fool premium services is August 2011, and then again in October 2014: six. The group in 2011 included a memorable Netflix supernova for Stock Advisor members, while the group in 2014 included Baidu doing it two times in three days (and four times in two months).

The still amazing record number of daybaggers in a single day for Motley Fool premium services is August 23, 2011. On that remarkable day, FIVE different Fool stocks spiffy-popped.

Records of stock movements from our original Fool Portfolio -- which included AOL (at one point AOL was a 100-bagger) and Amazon.com and others -- are not included, though it is presently suspected that David Gardner's original cost basis of $3.17 in Amazon.com would be the Motley Fool selection that -- for more than a decade -- has probably spiffy-popped the most, long ago a "forget-me-pop." However, as Amazon was re-picked for Motley Fool Stock Advisor, its stats appear in the table above.

Spiffy Multi-Pops

... but what happens when in a single day a stock of yours rises two or more times what you paid for it? This perplexing situation greeted long-time Motley Fool Stock Advisor members on August 4, 2010 -- coincidentally (?), the 16th birthday of The Motley Fool online -- when priceline.com closed up $50.63 a share, more than double David Gardner's 2004 cost on the stock ($23.71).

The answer is that we say that your stock has "spiffy 2-popped" or "spiffy 3-popped," etc.

This is much simpler to say than "triple daybagger" or "quadruple spiffy-pop," and the elegant use of the numeral also quickly conveys the power of the jump.

The same goes for "supernova 2-pop," which happened for the first time in early 2011 when Netflix went seriously spiffy.

Good luck with all your Spiffy Multi-Pops!

Spiffy Deca-Pop

The spiffy deca-pop is a most wondrous, rare beast. It is very dangerous and should be approached with great caution! It is, quite simply, when your spiffy-pop does more than a spiffy 10-pop in a single day. That's right, it means that your stock has done a 10+-bagger of its initial cost basis in a single day. This term was invented by Mike (CMFMikenpdx) in an exchange on the Fool discussion boards with David Gardner.

This occurred the day that Amazon scored its 12th spiffy-pop for Motley Fool Stock Advisor -- for Stock Advisor, it was a spiffy 3-pop that day, and one short of AMZN's forget-me-pop in Stock Advisor. But for the original buy made by David Gardner for the original Fool Portfolio, in which Amazon was purchased in 1997 at $3.21, AMZN's $55.11 gain on April 24, 2015 was indeed a spiffy deca-pop, believed to be the Fool's first. It had almost happened once before, on April 27, 2012, when AMZN's gain of $30.86 represented a spiffy 9-pop. However, the spiffy deca-pop move in April 2015 represented slightly more than a spiffy 17-pop.

The Fabled "Forget-Me-Pop"

Upon achieving your 13th (baker's dozen) spiffy-pop for a given stock, you have just scored what David Gardner calls your first "forget-me-pop." This is so called because after a certain frequency of occurrence of a given daybagger, it's just not all that interesting or worth noting anymore. From here on out, you as an investor (and us as those running Motley Fool premium services) should concern yourself with finding new spiffy-pops. Of course, nothing stops anyone from tracking all their spiffies even post their official forget-me-pop. We guess it's all how you want to spend your time....

The first-ever Forget-Me-Pop for modern-day Motley Fool premium services became Priceline. On November 8, 2011, Priceline rose $43.85, well above its original cost basis of $23.71. This was its 13th spiffy-pop -- its forget-me-pop. As PCLN had been originally picked on May 21, 2004, that set a new record then for the fastest-ever forget-me-pop: 7 years, 5 months, 18 days.

The second Motley Fool premium services forget-me-pop belonged to Netflix. On June 17, 2013, NFLX rose $15.24 (+7.1% for the day). That was the company's 13th since its December 17, 2004 pick date. As it took about 8.5 years to happen, Netflix couldn't outdo PCLN in speed, either. We're not complaining.

The third was Amazon. On July 24, 2015, AMZN rose $47.24 (+9.8% for the day). That was the company's 13th since its September 6, 2002 pick date. Given that AMZN's cost basis for Stock Advisor was $15.31, that final pop was a spiffy three-pop and a grand way for Amazon to exit spiffy-pop tracking. That forget-me-pop took nearly 13 years, over which time Amazon rose 34 times in value.

Other Spiffies?

Spiffies can come in many flavors and the Fool Community continues to play with the language and possibilities here.

For instance, on a dour note, when a stock loses more value in a single day than you originally paid for it, that's a spiffy-drop. While that's never fun, it generally only happens to stocks for which you are already showing outsized gains; so chin up, Fool.

Back to the positives, on March 31, 2010, Motley Fool member oikukio achieved an impressive and related, though different, condition:

"Hello, Stock Advisor team, I'm proud to report today that the total *interest* earned on my Stock Advisor portfolio has just surpassed my original starting balance! It's not a spiffy-pop, because it took 3.3 years to get here... but it's still pretty cool. Is there a term for it? The 'Day of Surpassion?'"

Why not? Very cool. Note these landmarks when you achieve them! And if there isn't already a word for what you just did, invent one. That's spiffy.

But Wait, What If It Didn't Feel Spiffy?

It's noteworthy that one can achieve some "cheap spiffies" from time to time -- when, say, a stock has a big spiffy-drop and then spiffy-pops just about back where it was before the drop.

For example, the August 2011 spiffy-pop for priceline (PCLN) was a $44 rise after the stock had lost $38 the day before.

Similarly, on January 24, 2013, Netflix moved up $43 (+42% gain for the day) from $105 to $148. That was a spiffy 3-pop for Stock Advisor, but some members quite reasonably wondered aloud on the NFLX discussion board if that was a spiffy-pop at all -- if it was worthy of celebration, since the stock was still less than half of its all-time high.

While we recognize that such spiffies may feel hollow compared to a leap to new highs, nevertheless there is no guarantee one might ever score a big move up after precipitous drops. As David Gardner articulated the day after that Netflix move, "A spiffy-pop is a spiffy-pop and a spiffy-drop is a spiffy-drop." In the game of baseball, some home runs are more consequential, or more exciting, than others. But they're home runs nonetheless. Or, as David sometimes quotes something he believes Forrest Gump must have once said: "Spiffy is as spiffy does."

How and whether members celebrate or not is a matter of individual context. Most of us swathed in the positive energy that is Fool HQ believe in celebration.

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