daisy chain

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Daisy chain

Manipulation of the market by traders to create the illusion of active volume to attract investors.

Daisy Chain

A series of manipulative transactions on a security intended to create an impression of a high trading volume, suggesting interest in assets or securities that may not actually be there. This tends to increase the share price, which in turn encourages other investors to buy the security. When other investors become interested, the manipulating traders dump the security at an artificially high price. See also: Churning, Round-Trip Trading.

daisy chain

Manipulative trading among a small group of individuals or institutions that is intended to give the impression of heavy volume. As outsiders see the unusual trading activity and are drawn into the chain, the traders who started the daisy chain then sell their positions, leaving the new investors with overpriced securities.
References in periodicals archive ?
Fully functional and daisy-chain test boards were used for all hand rework development.
With the higher density devices, designers can program multiple designs into a single PROM, allowing one PROM to support multiple FPGAs in a daisy-chain configuration, thereby reducing part count and component costs.
It also features an on-screen menu system to identify servers and dedicated daisy-chain ports to support up to 128 servers without losing a valuable PC port when cascading.