Q.Explain Bear Speculator.

A Bear Speculator sells securities expecting prices to fall, planning to buy them back cheaper later and profit from the decline.

A bear is a speculator who is pessimistic about the market and expects security prices to fall. His strategy is:

• He sells securities at the current (higher) price — frequently through a short sale, i.e. selling securities he does not yet own.
• He waits for prices to drop, then buys them back at the lower price to complete the deal.
• His profit is the difference between the higher selling price and the lower buying price. …