What does it scrounging when your looking at buying stock and it's asking price is $2.90x500?

Somebody could explain me the stock flea market near simple words, thankfulness.?



Answers:   If the ask price is 2.90 for the 500 shares, you can usually pick it up at a bid of 2.89 or 2.88. If the market is falling into the afternoon trade, I would put within a bid around 2.84 at 2:30 and go to 2.88 at 3:30 if it have not filled. Look at the the volume contained by making a bid. The greater the volume, the better the chances of getting contained by a lower price. Most Important: ask how badly you want to own the stock. Most pros dont rx. buying stocks below $10.00 contained by price. But, that is another concern.

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The Asking price is not something to be think just about when buying a share because it only states the price which relatives want to sell it at. The Bid price however is what price you buy the stock at. if your still concerned however the $2.90 stands for the price at which empire are asking to buy the stock. Generally this is higher consequently the normal stock price. And the x500 technique that some is buying 500 of those shares. Jay actually manage to get exactly everything wrong.

The company itself is not involved.

If you are buying, later you are the bidder and you are buying from a seller, so what you're interested within IS the asking price.

ASK $2.90x500 means that one or more seller are asking 2.90 per share and there are a total of 500 shares available at that price.

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The asking price is the price that someone desires to sell near stock back to the company at which is the $2.90. The x500 resources that someone else has bought 500 shares of the company at that price. If you want to buy a stock you should look at the bid price. There are 500 shares anyone offered at 2,90

So if you buying, you will cost 2.90 for at least 500 shares


LILPJ is comatose wrong with that response as in good health JAY

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