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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