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High Close |
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High Close A tactic in which traders buy a stock in relatively small amounts the final minutes of a trading day so that its closing price is higher than it otherwise would be. A high close exists because closing prices are widely quoted in the media and in other reports; this practice makes the stock appear robust. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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