Flipper

If HGTV had a financial market counterpart, flippers would be the stars of that channel’s shows.

Just as house flippers buy houses, renovate them fast, and sell them for a quick profit (at least, that’s their hope), flippers in the financial world do the same with stocks. They buy them fast, hold onto them for maybe a couple days, and then sell them for a profit before turning around and finding another stock to “flip.”

Is this risky? It can be. But for the most part, flippers believe that they know their way around the financial markets and are able to spot a good deal, especially when it comes to IPOs, as they spend hours on the golf course with the investment bankers/underwriters who are doing the deal. IPOs which are 10-20x over-subscribed are almost always "hot," with stocks coming at $12 and making their first flipper-friendly print at $20. Easy way to make a fast 8 bucks...if you can get it.