Eating Noodles in the Dark - Glossary

Eating Noodles in the Dark

Stock

Terminology

"Turning off the lights and eating noodles" is now often used to describe the helplessness and self-mockery of stock investors when the market crashes or their shares are deeply in the red. This phrase reflects the investors' sense of powerlessness and pessimism in the face of massive losses, becoming a unique way to express the inner pain and despair of stockholders.

What Does "Eating Noodles in the Dark" Mean?

The term "eating noodles in the dark" in the stock market is linked to an event that occurred in 2011. The stock of Chongqing Brewery plummeted due to the ineffectiveness of the hepatitis B vaccine they had invested in, dropping from 80 yuan to 20 yuan, with a market value loss exceeding 20 billion yuan. On the sixth consecutive day of this decline, an investor posted on the Chongqing Brewery section of Eastmoney.com: "Today, I went home, cooked some noodles, ate while crying, tears falling into the bowl, without the lights on." This post quickly resonated with many, leading to the emergence of the expression "eating noodles in the dark."

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Written byTraderKnows

Created date:2023-12-11 07:41

Last Updated:2024-05-20 09:49

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.