Which of the following speculators expect fall in the prices of securities in the near future?
A
Bull
B
Bear
C
Stag
D
Under inter
Correct Answer: Bear
Bear speculators expect fall in the prices of securities in the near future. A bear is a pessimistic speculator who expects a sharp fall in the prices of certain securities. He enters into selling contracts in certain securities on a future date. If the price of the security falls as he expects he shall get the price difference.