A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
Answer Details
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a bull.
Here's a simple explanation:
Bull: A bull is an investor who expects the prices of securities, such as stocks or bonds, to rise over time. In anticipation of this rise, a bull will purchase these securities at their current lower prices, with the hope of selling them later at higher prices to make a profit. This optimistic approach is often referred to as having a "bullish" outlook towards the market.
Let's contrast this with the other terms mentioned:
Jobber: Jobber is an old term for a trader who buys and sells securities on their account without dealing directly with the public, primarily for short-term trades.
Broker: A broker acts as an agent or intermediary between buyers and sellers to facilitate trades, earning a commission for their services rather than buying securities for their profit.
Bear: A bear, opposite of a bull, is an investor who expects prices to fall and might sell securities at a current high expecting to buy them back at a lower price. This is usually referred to as having a "bearish" outlook.