Here is likely the problem... You are looking at the stock after the markets have closed and you get these wild swings between the bid/ask prices. Never, never trade stocks after hours. There is way too much volitility for most folks to handle and unless you have a broker system that allows you to set a firm ask price, you may just get stuck with a stinker of a deal. Check it out while the market is open and you'll see a much closer range between the bid/ask prices.
-----Original Message----- From: Matthew Smith [mailto:[email protected]] Sent: Friday, June 12, 2009 6:09 AM To: cf-community Subject: Re: help with first stock trade. > > Bid: 3.01 Ask: 4.44 Last: 3.46 > http://www.investopedia.com/articles/trading/121701.asp Ok, so it looks like I would have to pay 4.44 a share to buy? And if I wanted to sell, I would only get 3.01 a share? It seems like the stock would have to go up quite a bit before I even broke even. Is that correct? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:298397 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
