Ghosting

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Ghosting

The illegal practice that one firm drives a stock's price higher or lower, while other conspiring firms follow its lead to influence up the price of the stock.

Ghosting

An illegal practice in which two or more market makers collude in order to artificially inflate or deflate the price of a stock, hoping to profit on the uptick or downturn. One firm will buy or sell large amounts of a certain stock and the second firm does the same, causing a buy or sell frenzy. The supposed competitors then have the opportunity to profit as the market is unaware of their collusion. See also: Insider trading, antitrust.

ghosting

Illegal collusion among market makers to manipulate the market price of a stock.
References in classic literature ?
To turn and fly was now too late; and besides, what chance was there of escaping ghost or goblin, if such it was, which could ride upon the wings of the wind?
Spirits whispered in the rustling leaves, ghosts lurked in the murky nooks, the deep baying of a hound floated up out of the distance, an owl answered with his sepulchral note.
Wragge had not been quick enough to identify the supposed ghost with the character of the old North-country lady in the Entertainment.
It is required of every man,'the Ghost returned,`that the spirit within him should walk abroad among his fellowmen, and travel far and wide; and if that spirit goes not forth in life, it is condemned to do so after death.
Aye, aye, make him sit down," said several voices at once, well pleased that the reality of ghosts remained still an open question.
But from time to time between the tops of the trees I saw the figure of the grey stone woman who sits on the top of Ghost Mountain, and shaped my course towards her knees.
For several months, there had been nothing discussed at the Opera but this ghost in dress-clothes who stalked about the building, from top to bottom, like a shadow, who spoke to nobody, to whom nobody dared speak and who vanished as soon as he was seen, no one knowing how or where.
Then came also the ghost of Theban Teiresias, with his golden sceptre in his hand.
You have a real good terrifying Ghost in that book?
Come to us and speak to us, oh you ghosts of our old loves
We will say this time that you have really seen the ghost (or double) of a living person.
A STATE Official carrying off the Dome of the Capitol met the Ghost of his predecessor, who had come out of his political grave to warn him that God saw him.