Cybersquatter, Cybersquatters, Cyber-Squatter
Buys & sells domain names
Someone who buys domain names with the intention of "sitting" (or squatting) on each domain until it can be resold for a profit. Cybersquatters have been much maligned because they typically have no intention of using their domain name purchases for a website. It has been estimated that between 40% and 70% of all domain names are controlled by cybersquatters.