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Flipper |
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Flipper 1. A trader who buys stock and quickly sells it for a profit. A flipper may be a day trader, buying and selling on a constant basis, or a (slightly) more long-term trader, holding for a day or two. Flipping is a high risk venture because a slight decline in share prices in the short term can severely hurt the flippers positions. On the other hand, a slight uptick can result in enormous profit. 2. An investor who buys real estate, usually a house, makes a few improvements, and sells it at a higher price. Colloquially, flippers are thought to buy the house, "slap a coat of paint on it," and re-sell for a large profit. Flippers were common even among casual investors during the housing bubble of the early and mid-2000s.
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