Is the pacing off here-and-there? Yup. Do the connections between narrative threads become clear? Not always. Is the acting AAA? With the exception of Paul Fahrenkopf, the answer is no.
However, for a student-style, low-budget film, "Ghosting" is quite good. The basic premise is that a young college student with a troubled home life becomes enmeshed in a mystery when he picks up a part of a bracelet belonging to another classmate. Contact with that bracelet allows him/the other student to see things in photographs that others cannot see.
What follows is a sort of X-Files episode where both natural and supernatural explanations are uncovered over the course of the students' investigation of what they are seeing and why it might matter. While the ending does not quite tie things together, it does just enough to work. And, frankly, given the budget, there were some really good choices for camera/lighting use.
The bottom line is that there is a definite plot here and the film does just enough to keep us guessing until the final act. If you are expecting big budget lighting, writing and actors, then look elsewhere. But for what this is, it is quite good. (I have found that the Baltimore/mid-Atlantic offerings are often both languid and quirky in a way that appeals to me. This definitely was the case here.)