daisy chain

daisy chain. A series of purchases and sales of the same stock by a small group of securities dealers attempting to drive up the stock’s price to attract unsuspecting buyers’ interest. • Once the buyers have invested (i.e., are caught up in the chain), the traders sell for a quick profit, leaving the buyers with overpriced stock. This practice is illegal.

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词条贡献者

译者蒋毅，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与破产与资产重组相关的法律文件。