This is a financial question.
2007-03-19 07:20:01 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
Meaning that you can sell 400 shares at 30.77 (up to 400 shares). If you sell more, then the price may go down a bit.
2007-03-19 07:22:52 · answer #1 · answered by regnery 2 · 0⤊ 0⤋
And to tie together what Sam and Regen said:
it appears that someone is willing to buy 400 shares at $30.77 (I am assuming you are using USD). As Regency said, if you sell more, then you will get 400 at $30.77 but anything after that might go down, or in fact up (if someone else bids for more shares but at a higher price).
Easy terms: Someone wants to buy 400 shares, and they will spend $30.77 on each of those shares. You could sell only 340 shares at $30.77 to them and they would buy it, but then they'd want to buy another 50 shares for the same price (unless they decided against that). But if you then put 450 shares up for sale, you'd get $30.77 for each of them up to 400 shares, but the next 50 would be just open to sell at whatever price you can get for them.
2007-03-19 14:31:28 · answer #2 · answered by scryer_360 2 · 0⤊ 0⤋
It means someone is willing to buy 400 shares at a price of 33.77
2007-03-19 14:30:29 · answer #3 · answered by Mathew C 5 · 0⤊ 0⤋
it means that someone or some people have 400 shares that they are willing to buy at 30.77
2007-03-19 14:24:35 · answer #4 · answered by Sam 2 · 0⤊ 0⤋