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.
References in periodicals archive ?
Back in 1852, President James Buchanan wrote to future president Franklin Pierce that "the host of contractors, speculators, stockjobbers and lobby members which haunt the halls of Congress .
At a farm near Godalming, Surrey, he meets an intelligent farmer who cannot discern why the landlords were in favor of a system which would eventually deprive them of rents; he "wondered why the Lowthers, that were the owners of so many farms, should be for a system which was so manifestly taking away the estates of the landlords and the capital of the farmers, and giving them to Jews, loan-jobbers, stockjobbers, placemen, pensioners, sinecure people, and people of the 'dead weight.
Across the Mersey at Knowsley, Derby never held foreign bonds; detested alleged stockjobbers like Decazes, when French premier, whom otherwise he approved; had some Indian stock, but sold it as too risky; and let his hair down only with some home railway debentures of the highest rating.