Username: LuckyMan Rating: Asked to: Dara Madee Date Created: 14 Mar 2018 |
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Category | 28 |
Tag | Financial |
Question | Please give the definition of 'High Close'. |
Hello LuckyMan, A tactic used by stock manipulators; they make small trades at high prices during the final minutes of trading to give the impression that the stock did very well. Since the closing prices are widely quoted, stock manipulators hope to create a buzz on a particular stock in order to attract investors to the it. |
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