This is why I got out of ameritrade and pay my Edward jones guy to do this
stuff for me.  I remember when Macromedia purchased coldfusion and a couple
weeks later I get a check from ameritrade that my stock was sold.. No one
asked me or notified me...

-----Original Message-----
From: Matthew Smith [mailto:[email protected]] 
Sent: Thursday, June 11, 2009 8:06 PM
To: cf-community
Subject: help with first stock trade.


So let's say I want to put $2000 into a stack that closed today at $3.46.  I
divided $2000 by 3.46 which gets me 578 shares.  But when I put that many
shares in, it shows the price to be $2,566.32.

What gives?

Bid: 3.01  Ask: 4.44  Last: 3.46 

What do those mean? 



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