GATHER IN THE STOPS
\ɡˈaðəɹ ɪnðə stˈɒps], \ɡˈaðəɹ ɪnðə stˈɒps], \ɡ_ˈa_ð_ə_ɹ ɪ_n_ð_ə s_t_ˈɒ_p_s]\
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Concentrated selling to drive a security price down to levels where STOP ORDERS are known to exist. This forces the stop orders to convert into buy or sell MARKET ORDERS, clearing the way for further upward or downward moves once executed. See also SNOWBALLING.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.