question about the stock market

**Slinx** · 03-01-2004, 12:36 PM

Originally posted by p3rsian
hey whats up
just a quick question lets just say for example the stock symbol GFY ..

last trade :100
bid: 90
ask: 100

does bid mean the price which i can buy the stock ?
so i can buy it right now for like 90 a share and sell it for 100 a share?

you can buy for 100 and sell for 90.

the difference is the spread.

you bid money for stocks (90)
the seller is asking for money (100)

**p3rsian** · 03-01-2004, 12:45 PM

so basically the bid price is the price i can sell
and the ask price is the price that i can buy ?

**foe** · 03-01-2004, 12:47 PM

yes

**Slinx** · 03-01-2004, 12:54 PM

Originally posted by p3rsian
so basically the bid price is the price i can sell
and the ask price is the price that i can buy ?

Makes sense, otherwise everyone would be a fucking Fantastillaire

**sexsup** · 03-01-2004, 01:09 PM

p3rsian listen my suggestion, dont play with real money on stock markets if you still dont understand the difference between bid and ask

question about the stock market

question about the stock market

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