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-   -   question about the stock market (https://gfy.com/showthread.php?t=245541)

p3rsian 03-01-2004 02:31 PM

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?

Slinx 03-01-2004 02:36 PM

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)

p3rsian 03-01-2004 02:45 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 02:47 PM

yes

Slinx 03-01-2004 02:54 PM

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:)

sexsup 03-01-2004 03:09 PM

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


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