phrase
General Slang
Catch a falling knife
· phrase · finance
Try to buy an asset mid-plunge and hope you don't get sliced.
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Definitions
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To buy a stock or other asset while its price is still tumbling, gambling that you've called the bottom. The metaphor is exactly what it sounds like: grab the handle and you're a hero, grab the blade and you bleed. Usually said as a warning, not a recommendation.
“I know it's down 60%, but you don't want to catch a falling knife, wait for it to base.”
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Catch a falling knife In A Sentence
I know it's down 60%, but you don't want to catch a falling knife, wait for it to base.
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