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Stock Jobber

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Stock Jobber
An investor who buys stocks only to resell them at a profit very quickly. Stock jobbing is a short-term investment strategy that operates on the assumption or existence of liquid markets. The practice, when done over and over by a large number of stock jobbers, can lead to a speculative bubble. See also: Flipping.


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Author: Robert Skidelsky "THROUGH THE contrivance and cunning of stock jobbers there hath been brought in such a complication of knavery and cozenage, such a mystery of iniquity, and such an unintelligible jargon of terms to involve it in, as were never known in any other age or country.
The very mention of the stock market will bring forth the most foul-tongued responses from quaint old ladies and former stock jobbers alike.
Stock jobbers no longer jostle on the floor of the Stock Exchange and most business is done internationally by telephone and email.
 
 
 
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