Description

This article is from the Glossary of Stock Investing Terms.

Glossary of Stock Investing Terms: G-H

• Going public :
  

  The process of selling shares that were formerly privately-held to new investors for the first time.

• Good 'til canceled:
  

  Abbreviated "GTC." This is an order to buy or sell a security that is good until the investor cancels it. Most brokerage firms let GTC orders automatically expire after 30 - 60 days.

• Growth rates:
  

  The compounded annualized rate of growth of a company's revenues, earnings, dividends or another figure.

• Head & shoulders:
  

  A technical analysis term to describe a chart formation in which a stock price:

  • rises to a peak and then declines, and then
  • rises above the former peak and again declines, and then
  • rises again but not to the second peak and again declines.
  The first and third peaks are shoulders, and the second peak is the formation's head. This pattern is considered a very bearish indicator.

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