portmanteau formed from bagholder + retard
a wannabe investor who buys a bad stock, then even when it keeps going down year-after-year, instead of taking a small loss, now, the noob huffs some hopium and holds firmly onto his bag until the stock is completely worthless and he is FLAT BROKE ...
syn: naktard, fucktard, trumptard
Nine-out-of-ten financial advisors agree ... people who buy NAK are bagtards!
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portmanteau formed from bagholder + bagnard + retard
def: (1) a "very stable genius" (aka moron) who envisions himself as an astute 'investor' (aka wannabe) and after buying a bunch of bad stocks, instead of prudently selling, rightaway, and taking a loss, stubbornly holds-on "long-and-strong" until the stock goes to ZERO and he is flat broke; (2) a person who stubbornly refuses to admit he made a mistake and desperately and stubbornly holds onto his erroneous position, long after being shown irrefutable facts proving him wrong e.g., also see trumptard .
Anyone who invested in NAK thinking it was their El Dorado, has been proved a bagtard!