Ankle Biter

Ankle Biter - An ankle biter is a stock that is believed to be biting at the heels of larger market stocks with the hopes of passing the larger stocks and coming out with more. These stocks are generally issued on one company whose entire market value is less than five hundred million dollars. These stocks have the opportunity to outperform stocks which are more speculative and can generally do much better especially during recessionary periods of time. These stocks generally do well and have good investment potential when times are tough, therefore many investors buy a certain amount of them for their portfolio.