panic buying


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Panic Buying

A situation in which many investors buy a security on high volume, leading to a rapid rise in price. Panic buying usually occurs when investors believe that a security or market is already rising and they wish to buy it before the price rises even more. Panic buying may or may not be the result of an overreaction. Rules on many stock markets limit the amount by which a security can rise in a single session to reduce the pressure for panic buying. See also: Panic selling.

panic buying

A flurry of security purchases accompanied by high volume and sharp price increases. During a period of panic buying, buyers do not have time to evaluate fundamental or technical factors because their primary goal is to acquire securities before the prices rise even more. For example, panic buying occurred on the day following President Lyndon B. Johnson's announcement of his decision not to run for reelection.
References in periodicals archive ?
Since the panic buying continued throughout the day, the owners of several fuel stations stopped sale in the evening.
However, despite the panic buying and the likely plunge into another round of fuel crisis, the Nigerian Association for Energy Economics, NAEE, has insisted that subsidy on petroleum products should be completely eliminated.
Meanwhile, stakeholders across the nation, including the Department of Petroleum Resources (DPR), National Union of Petroleum and Natural Gas Workers (NUPENG) and Independent Petroleum Marketers Association of Nigeria (IPMAN) have been urging caution against panic buying and hoarding, giving assurance of the commodity's availability.
The document warns restrictions in imports across the English Channel, combined with reduced availabliity and choice of products, will cause fruit and veg prices to rise, leading to panic buying and shortages.
He said that panic buying is when someone sees long lines in retail establishments, like the NFA buying stations, and then instead of buying the usual volume of produce, buys more because of the fear that either the commodity will be scarce or that prices will go up.
Reporting the results at a regular meeting of the Democratic Progressive Party (DPP) that day, Cho frankly said that the chaos that ensued over panic buying of toilet paper was caused by reckless marketing by the companies involved.
Will Basnett I was in Morrisons this morning - panic buying gone mad.
Local currency market facing a sudden dollar shortfall as after United States suspension of funds on the war on terror as well as possibilities of further economic sanctions has created panic buying in the local currency market.
He said he initially suspended deployment of OFWs to Qatar as a preemptive move after receiving reports of panic buying in the oil rich country.
Global Banking News-July 10, 2015--Greeks resort to panic buying
Last month's total was still down on the 1.68 billion litre figure of April last year when sales were boosted by panic buying over the threat of a tanker strike.
PANIC buying of petrol and unseasonably warm weather lifted retail sales figures for March yesterday.