Dead Cat Bounce [Radio Interview]
Date of this Version
Regular 'Word of the Week' segment. Interview with Professor Bruce Vanstone, Bond University, regarding 'dead cat bounce'. Vanstone says it's a Wall Street term which means a stock has fallen from a very high price to a low price in small period of time. Vanstone notes a small upward spike but the price will normally tend to decline again. Vanstone uses Billabong as an example to illustrate a 'dead cat bounce'.