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Stag

The significance of the Stag is:
The definition of Stag is:

Informal; an investor who buys a new issue of a security and sells it very quickly in order to make a profit. A stag makes the bet that the price of a new issue will rapidly rise, at least for the first few hours or days. His/her investment philosophy is the exact opposite of a buy and hold strategy.


Alternative meanings:
Free English Dictionary:Stag


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