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Old 03-01-2004, 02:31 PM   #1
p3rsian
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Join Date: Sep 2003
Posts: 1,050
question about the stock market

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?
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Old 03-01-2004, 02:36 PM   #2
Slinx
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Join Date: May 2003
Posts: 823
Quote:
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)
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Old 03-01-2004, 02:45 PM   #3
p3rsian
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Posts: 1,050
so basically the bid price is the price i can sell
and the ask price is the price that i can buy ?
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Old 03-01-2004, 02:47 PM   #4
foe
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Location: CT
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yes
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Old 03-01-2004, 02:54 PM   #5
Slinx
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Join Date: May 2003
Posts: 823
Quote:
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
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Old 03-01-2004, 03:09 PM   #6
sexsup
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p3rsian listen my suggestion, dont play with real money on stock markets if you still dont understand the difference between bid and ask
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