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Investing > Kiting
The following information is about Kiting.
Kiting Defined
Practice of sustaining credit or of raising money by causing stock prices to rise through manipulative trading methods.
This definition is in context to Investing. See more contextual defintions for Kiting.
Nigeria: Asset Valuation, Transcorp And the Reprivatization of Nitel (i)
Published June 29, 2009, 1:00 pm, AllAfrica.com
Markets are stubborn and free markets, if not tampered with, are self correcting. These have been the central dictum of capitalist societies over the past two centuries. An individual or a corporate entity's ability to corner the normal functioning of the market is only temporary.
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