Capital Market

This query is : Resolved 

31 October 2008 Can anybody explain me what does "Bear Cartel" means?

31 October 2008 Bear cartel is nothing but a group of people acting in a concerted way to make the market bearish

01 November 2008 The term may be explained in two parts
What is 'Bear' and
What is Bear Cartel?

Bear : A stock market operator who expects share prices to fall and keeps selling (to pick up the shares later a lower price for actual delivery), causing selling pressure and lowering the prices further. Term derived from the attacking posture of the bear, pushing downwards.

Bear Cartel : Manipulation by a group of bears selling a large number of shares short in an attempt to bring down their prices and the market.


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