Market, narrow (narrow market, thin market). In general, a market where there is very little trading going on. – In the stock exchange, when only a few shares of a stock are tradable. In this case, the demand for just one share regularly leads to an unusually high increase in the price (a market segment characterized by low liquidity, high spreads, and high volatility; small changes in supply and/or demand, therefore, can have a remarkable impact on market price). – This, in turn, is exploited by unsound stock market letters and operators of corresponding Internet forums as well as bribable bloggers. They predict high profits on this paper. Then they buy a stock in the narrow market and cite the resulting jump in price as proof of their special knowledge of the market. – Regulators are powerless against this kind of price manipulation. However, the German Federal Financial Supervisory Authority (BaFin) refers consumers who have complaints to the voting rights database it manages, which is publicly accessible on the Internet. There, every investor can find out about the majority shareholdings in stock corporations and thus also about the breadth of the market. – See fixed ownership, field hockey stick offer, market, liquid, market manipulation, cabinet paper.

In general, a market where there is very little trading going on. – In the stock exchange, when only a few shares of a stock are tradable. In this case, the demand for just one share regularly leads to an unusually high increase in the price (a market segment characterized by low liquidity, high spreads, and high volatility; small changes in supply and/or demand, therefore, can have a remarkable impact on market price). – This, in turn, is exploited by unsound stock market letters and operators of corresponding Internet forums as well as bribable bloggers. They predict high profits on this paper. Then they buy a stock in the narrow market and cite the resulting jump in price as proof of their special knowledge of the market. – Regulators are powerless against this kind of price manipulation. However, the German Federal Financial Supervisory Authority (BaFin) refers consumers who have complaints to the voting rights database it manages, which is publicly accessible on the Internet. There, every investor can find out about the majority shareholdings in stock corporations and thus also about the breadth of the market. – See fixed ownership, field hockey stick offer, market, liquid, market manipulation, cabinet paper.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/