cigar butt

1. Used other than figuratively or idiomatically: see cigar, butt.

2. (figuratively)A company bought under the premise of value investing, from the idea of an inefficient attention allocation of market participants present in shares of a quality where almost no value is left, making them comparable to a cigar end left on the pavement where the last puff, though it be ugly and moist, is free.

regular

• cigar-buttalternative