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 ?
Although Manning at times included stockjobbers and speculators in his category of the leisured, he was scarcely thinking of those who did not labor for a living as "capitalists.
Into the breach stepped the stockjobbers and brokers operating in the London stock exchange.
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 .