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gg4

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Alias Born 04/28/2015

gg4

Re: tpg post# 523136

Wednesday, 06/20/2018 9:53:17 PM

Wednesday, June 20, 2018 9:53:17 PM

Post# of 728338
tpg, I'll do my best. Simply put The "bid" price is the highest price a buyer is willing to pay for a stock. It is referred to as the "bid". In the bid-ask the "bid" price is the opposite of the "ask".
The "ask" price is the price the market is willing to sell a stock or option. Really determined by supply and demand. The more demand the more the price.
Now the "bid-ask" "spread" is essentially the difference between the highest price that a buyer is willing to pay for a stock and the lowest price that a seller is willing to take.
So in the end you want to buy at the "bid" price because it is lower. If you are going to pay the "ask" price you pretty much think this stock is going higher quickly and want to make sure your order goes through and you get it before you are "chasing" it up in price. Hope this helps. gg4
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