If one stock is so popular that most people are buying it (like the days when it's just listed), is it possible that you cannot find any available shares left to buy (since total shares in the market is limited) ?
Thanks,
2006-11-21 04:05:47 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
I have only seen this happen on the day of a stock's initial public offering.
At any other time, your broker should be able to fulfill a market order if you're willing to pay the market price.
In fact, I defy anyone to name a time that anything listed on the NYSE, NASDAQ, or AMEX cannot be bought as long as the market is open.
2006-11-21 04:58:12 · answer #1 · answered by alien~ 5 · 0⤊ 0⤋
Right, it's actually the job of the market makers in the exchange to find a price that balances buys/sells. In effect, that is what causes price movements, imbalances in orders to buy vs orders to sell.
2006-11-21 07:33:43 · answer #2 · answered by ? 1 · 0⤊ 0⤋
Yes especially on an Initial offering of something highly touted. I remember the palm pilot was that way first day issues were hard to come by. So yes to your answer.
2006-11-21 04:14:54 · answer #3 · answered by golferwhoworks 7 · 0⤊ 0⤋
No. Anyone will sell anything for the right price.
2006-11-21 04:58:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋