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 ?
The 1x16 KVM Switch can expand to support up to 256 servers while the 1x18 KVM Switch can support up to 248 servers via daisy-chaining.
nStor's hot-swappable loop resiliency circuit (LRC) cards handle Fibre Channel re-timing and clock recovery on both the transmit and receive signals, while acting as an active hub for cabinet daisy-chaining.
Daisy-chaining units can provide access for up to 15,000 loops.