Gather in the stops
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Campbell R. Harvey's Hypertextual Finance Dictionary
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Gather in the stops
A
market
strategy in which
investors
sell
stocks
to drive down the price to a price level that breaks through existing
stop orders
known to exist. Once the price is low enough the
stop orders
become
market orders
and are
executed
to create
snowballing
.
Copyright © 2000,
Campbell R. Harvey
. All Rights Reserved.
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