AI
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| Alias Born | 09/05/2007 |
Friday, October 24, 2008 5:17:27 PM
The selling price and the buying price are two different numbers.
If the name of the game for brokers is to buy and sell stocks for a profit then you will buy stocks at a higher price you can sell them at.
Those brokers are selling shares for .0002 but they will only buy your shares for .0001 which is what the whole Bid/Ask scenerio represents.
All those brokers value their shares at the Ask(.0002) and they value the worth of your shares at the bid(.0001)
If the name of the game for brokers is to buy and sell stocks for a profit then you will buy stocks at a higher price you can sell them at.
Those brokers are selling shares for .0002 but they will only buy your shares for .0001 which is what the whole Bid/Ask scenerio represents.
All those brokers value their shares at the Ask(.0002) and they value the worth of your shares at the bid(.0001)
