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TOPIC: Explanation

Explanation 16 years 5 months ago #628

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The BID price is .10
The ASK price is .45

You could sell the stock for .10, and buy it for .45

The highest price someone wants to buy is .10 and the lowest someone wants to sell is .45

That is NOT a very good spread (the gap between the bid & ask).
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Explanation 16 years 5 months ago #626

  • betyboop
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[Explanation]
Would somebody be so kind to explain what is meant when a stocks price is described as .10 x .45 as the editor of this board did I believe on the board for BIAN.

Thanks
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