High Close
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. Investopedia Says:
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. Related Terms:
At-The-Close Order
Closing
Closing Price
Record High
Today's High
Today's Low |