pinhooker

pinhooker

(ˈpɪnˌhʊkə)
n
1. (Horse Racing) horse racing someone who trades in young racehorses for profit
2. (Banking & Finance) finance someone who buys goods or commodities in order to sell them again quickly for profit
References in periodicals archive ?
2 PINHOOKER Paddy Twomey paid 105,000gns for Saturday's top lot, a Dutch Art colt, but many other traders operating at lower levels of the market found trade competitive and were often among the underbidders.
THE highlight of the concluding day of foals at this year's Tattersalls December Sale was a son of the increasingly popular Dutch Art, who was knocked down to pinhooker Paddy Twomey for 105,000gns.
She attracted some interest, selling out of the Tweenhills' draft to pinhooker Mark Dwyer of Oaks Farm Stables for 18,000gns.
Group 1 winners for less than 75,000 gns Dubawi Heights Breeder: Aston Mullins Stud Sold: 72,000gns Vendor: Tally-Ho Stud Purchaser: Neville Callaghan Dubawi Heights returned a profit for pinhooker Tally-Ho Stud when she was sold to Neville Callaghan at Book 1 in 2008.
John Ferguson saw off pinhooker Timmy Hyde to get the colt, bred by Sir Michael Smurfit out of a half-sister to Scandinavian champion Rolo Tomasi, with just one bid of 150,000gns.
I've been underbidder on one but they are making too much money for me to compete, so I'll be patient and hopefully have more luck at Book 2" Mark Dwyer, pinhooker ''The market is very strong for nice horses as can be expected, but I do feel there is value for money, if you have the money to spend.
Pinhookers buy timber rights from trusting landowners at prices far below market value, then turn around and sell the rights for twice the price.
Until we get the breeders and pinhookers (re-sellers) to stop using it, I don't see how our banning it is going to help,'' trainer Jim Cassidy said.
Following a solid round of yearling sales, pinhookers have been busy reinvesting for 2013, while yesterday's trade also witnessed some notable contributions from those buying to race.
Also active were Russian buyers, who are likely to continue to buy throughout the rest of the sale, while many European pinhookers once again made the trip to Kentucky.
Competition between pinhookers has been extremely fierce, although I've no doubt that to buy, they've had to compromise in one way or another, whether it be on the sire, dam's pedigree or something else.
Most pinhookers fared better this year than last and reinvested accordingly, while some of the top-end buyers who had fuelled the yearling market were shopping for longer-term racing and breeding prospects.