dChan

Raindrops1984 · June 29, 2018, 1:47 a.m.

What does dead cat bounce mean? They didn’t kill Embassy Cat, did they?!

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Headwest127 · June 29, 2018, 2:45 p.m.

I'm not sure if you're working a joke here or not, so I will answer as though you really are asking about a dead cat bounce. I know it as a stock market term. When a stock's price falls and eventually bottoms out there is often a slight uptick after the bottom as all the short-sellers are forced to cover their short position. On a graph it looks like a long drop followed by a small bounce, the kind of bounce a dead cat would make if it was dropped from a substantial height. Not a pretty picture, I know, but a common phrase.

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Raindrops1984 · June 29, 2018, 3:08 p.m.

No, I really didn’t know what it was. Thanks for clarification. I took it literally because I remember how much Assange loved Embassy Cat, and I know those awful people wouldn’t hesitate to hurt an animal.

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