Question Details

	Username: BobM Rating: Asked to: Anton Luyten Date Created: 21 May 2016
Category	17
Tag	Trading
Question	Please give the definition of 'Panic Buying'.

Advice from Guru

Hello BobM,

A type of behavior marked by a rapid increase in purchase volume as the price of a good or security increases. Panic buying has the effect of reducing the supply of the good or security, while at the same time driving the price up even higher. This type of behavior is often the result of a feeling of being "left out" if a purchase is not made immediately.

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