Ask: 25.74 x 700
example above...thanks!!
2007-01-31 08:47:02 · 3 answers · asked by sosa__98 2 in Business & Finance ➔ Investing
The BID and ASK is the market for the stock. The BID (usually the first number) shows the highest price someone is willing to pay you for the security if you wish to sell it. The ASK is the lowest price that someone is willing to sell the security to you if you wish to buy it. The difference is the "Spread" - the narrower the spread the more liquid the security because the buyers and sellers are close together. Now, that example you have appears to be showing the ask price - 25.74 and the SIZE - 700 lots (a lot is 100 shares). The only time you would see an outrageous spread like 25.74 x 700 is when the market is closed and the market maker is showing a "dummy" quote. A more reasonable spread would be something like 25.74 x 25.76....something close..
2007-01-31 09:14:29 · answer #1 · answered by dashel_gabelli 3 · 0⤊ 0⤋
The bid price is the current price that the market is willing buy at.
The ask price is the current price that the market is willing to sell at.
Now remember that is reverse from the stock owner's (your) perspective. You have to sell at the market's bid and buy at the market's ask.
The x 700 indicator above is just a volume that is available at that ask.
2007-01-31 17:15:58 · answer #2 · answered by gls_merch 5 · 0⤊ 1⤋
The ask price is what you can buy the stock for. The bid price is what you can sell the stock for.
2007-01-31 17:15:38 · answer #3 · answered by Anonymous · 0⤊ 1⤋