High Close

AAA

DEFINITION of 'High Close'

A tactic used by stock manipulators; they make small trades at high prices during the final minutes of trading to give the impression that the stock did very well.

INVESTOPEDIA EXPLAINS 'High Close'

Since the closing prices are widely quoted, stock manipulators hope to create a buzz on a particular stock in order to attract investors to the it.

RELATED TERMS
  1. Closing Range

    The band of prices that a security trades at in a specified period, ...
  2. Closing Price

    The final price at which a security is traded on a given trading ...
  3. Record High

    The highest historical price level reached by a security, commodity ...
  4. Closing

    The end of a trading session. The closing of a trading day halts ...
  5. At-The-Close Order

    An order specifying that a trade is to be executed at the close ...
  6. Painting The Tape

    A form of market manipulation whereby market players attempt ...
Related Articles
  1. Playing The Gap
    Forex Education

    Playing The Gap

  2. The Basics Of Trading A Stock
    Active Trading Fundamentals

    The Basics Of Trading A Stock

  3. Why don't stocks begin trading at the ...
    Investing

    Why don't stocks begin trading at the ...

  4. The Pioneers Of Financial Fraud
    Investing Basics

    The Pioneers Of Financial Fraud

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center