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 ?
No one has had it for over a month, except the ghost, and orders have been given at the box-office that it must never be sold.
If the ghost came to the box, he must be seen, because he wore a dress-coat and a death's head.
Events may yet prove that idea to be a delusion, Miss Halcombe; but the belief is strong in me, at this moment, that the fancied ghost in the churchyard, and the writer of the anonymous letter, are one and the same person.
Connecting what I had discovered, thus far, with what I had suspected after hearing the story of the ghost seen at twilight, I wanted nothing more to confirm my resolution to watch Mrs.
Then I saw Minos son of Jove with his golden sceptre in his hand sitting in judgement on the dead, and the ghosts were gathered sitting and standing round him in the spacious house of Hades, to learn his sentences upon them.
After him I saw huge Orion in a meadow full of asphodel driving the ghosts of the wild beasts that he had killed upon the mountains, and he had a great bronze club in his hand, unbreakable for ever and ever.
Or would you know,' pursued the Ghost, `the weight and length of the strong coil you bear yourself?
Pondering on what the Ghost had said, he did so now, but without lifting up his eyes, or getting off his knees.
That, being white, would be more suitable for a Ghost, supposing it wished to welter
You have a real good terrifying Ghost in that book?
The Ghost suddenly changed her course, keeping away, and it came to me with a shock that Wolf Larsen was giving up the rescue as impossible.
And as I choked and strangled, and as the Ghost wallowed for an instant, broadside on and rolling straight over and far into the wind, I beheld a huge sea rise far above my head.