profit taker


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Noun1.profit taker - someone who sells stock shares at a profit
stock trader - someone who buys and sells stock shares
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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* Profit Taker: Sell only after the stock price rises (25% of shares if it rises 20%; 50% of shares if it rises 40%; 75% of shares if it rises 60%; 100% of shares if it rises 80%; and all or whatever is remaining at the end of the two years, regardless of price)
There is a suspicion the problem stems not fromrecession -during which workers helped turn Corus from a pounds 246m loss maker to a pounds 92m profit taker -but the new man at the helm, CEO Kirby Adams.
Local and non-Qatari retail investors as well foreign institutions were seen net profit takers, nevertheless the 20-stock Qatar Index settled 3.09% higher this week which saw no trading of treasury bills and sovereign bonds.
Crude oil futures traded lower Friday in late European trade as profit takers hit the commodity after a sharp rally Thursday, triggered by bullish comments from European Central Bank President Mario Draghi and amid ongoing tensions in the Middle East.
Buying by profit takers gave way to selling pressure prior to a 10-year bond auction scheduled later this week, pushing up the yield, a broker said.
Mining stocks were on the radar of profit takers after delivering very robust returns in the year to date.
Paul Webb, CMC Markets' head of trading, said: "The question is just how much positive sentiment we can expect to find to support this rally and when the profit takers will try and move in."
Royal Bank of Scotland and Barclays were also down as the sector's twoday rebound faded and profit takers moved in, losing 13.25p to 368.25p and 17p to 487p respectively.
BP was hit hard by profit takers, losing 10p to 664.5p, mirroring Royal Dutch Shell which declined 8p to 1886p.
Profit takers hit ukbetting, which dropped 4.6 per cent despite moving a jump in poker and casino revenues.
Moreover, he claims the concern was also a victim of profit takers, who sold shares shortly after its IPO and ran.
The stock market run up has also created large year end bonuses, along with profit makers and profit takers.