Take a Bath
What it is:
To "take a bath" means to take a large loss.
How it works (Example):
John Doe buys Company XYZ shares because he has to pay an outstanding tax bill and needs the . He sells at a big loss and takes a bath.at $10. Two weeks later, the tanks to $2 a share. John Doe has to sell the
Why it Matters:
Much like cats, investors hate taking baths.