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Finance Dictionary and Glossary of Investment Terms
Momo Play
Definition 1.
A slang term used to describe an investment purely as a momentum play, not worrying about the company's fundamentals.
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Definition 2.
Slang for an investment made based only on momentum, without any concern for fundamentals. An investor who follows this strategy believes that stocks which have recently gone up are more likely to continue to go up than stocks which have recently gone down. The primary measure of momentum is relative strength.
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