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Mobspeak: A Glossary

CHOP STOCK: A thinly traded stock with a very wide bid-ask spread

VIG: The ultrawide bid-ask spread commonly found in Mob-dominated stocks

HOUSE STOCKS: Stocks sold aggressively to the public by the firms that control them

BOXING (AS IN ''BOXING A STOCK''): Controlling the market for a stock by trades among cooperating brokerages

PARKING: Buying a stock for a customer by ''mistake,'' as part of a scheme to hike the price and control the market in a stock





Updated June 14, 1997 by bwwebmaster
Copyright 1996, by The McGraw-Hill Companies Inc. All rights reserved.
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