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As the questioner talked about, dry stock is a kind of virtual inventory. I. Phrase Definition (1) What is a dry share «Ghost stock» is a colloquial time period, also identified as personal stock or dividend inventory. For a very long time, dry shares have been a grey area within the law, and the controversies they’ve sparked are also fairly numerous. Dry shares are phantom shares.Restricted shares solely enjoy dividends and don’t have actual power. Restricted shares solely enjoy dividends and don’t have precise power.