can any one explain me what does word `jobbing ` mean in share market ?
plz give any practical example if possibe.....
2 Replies
CA Anand Oberoi
(Chartered Accountant)
(296 Points)
Replied 12 December 2009
The buying and selling of securities with the intent of generating quick profits is jobbing. While most investors seek value through long-term investments, stock jobbing takes on a more speculative short-term tone.
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 12 December 2009
Stock Jobbing
The act or practice of buying 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. Stock jobbing, when done over and over by a large number of investors, can lead to a speculative bubble. See also: Flipping.
Source : https://financial-dictionary.thefreedictionary.com/Stock+Jobbing
https://www.answers.com/topic/stock-jobbing
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