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 ?
Churchill's play opens with a scene from Thomas Shadwell's The Volunteers, or, The Stockjobbers (1692), which sets the stage for one of Serious Money's primary themes--that investors concern themselves far too much with mere financial gain (moreover, that we begin with a play within a play is relevant to Churchill's intent to employ metatheatrical devices).
Critics, among them Addison, Defoe, and Swift, attacked the ensuing corruption of Walpole's administration, employing rhetorical strategies differentiating the traditional citizenship of those with landed wealth from that of the new class of rentiers and stockjobbers, who made money from the intangible products of the financial revolution (426-36).
Some linked them to self-interested stockjobbers and politicians who profited from the war.