Concept:A stag is a stock market speculator who buys newly issued shares and resells them quickly at a higher price for profit.
Explanation:In the stock exchange, different terms describe investors based on their market expectations and behaviour.
A stag applies for new issues during an Initial Public Offering or fresh issue.
The stag’s main aim is to sell these new shares at a premium shortly after allotment.
This is different from a bull, who buys existing shares expecting prices to rise generally.
A bear expects prices to fall and may sell to avoid loss.
A dealer simply buys and sells securities as a market intermediary.
Since the person in the question buys new issues and intends to resell them soon at a higher price, the correct term is a stag.
Answer:D. stag