2.An investor or speculator who subscribes to a new issue with the intention of selling them soon after allotment to realize a quick profit is called? [A] Stag [B] Tall [C] Bull [D] Bear Show Answer
An investor or speculator is a person who subscribes to a new issue, expecting the price of the stock to rise immediately upon the start of trading is known as stag. The sole aim of a stag is to sell the shares soon after the allotment to realize a quick profit.
