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 MicroArray III provides data redundancy and increased functionality for customers that previously relied on single disk or daisy-chained solutions.
Recently launched Gigabit Ethernet companies offer daisy-chained switch interconnection, but these systems consume costly and precious Gigabit Ethernet pipes for stacking.
With 2, 4, and 8 bay configurations, the new SledgeHammer-Pro10K arrays range from 8GB to 69GB per system and up to 250GB when daisy-chained.