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PsD

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Alias Born 03/15/2011

PsD

Re: PsD post# 1993

Monday, 11/04/2013 9:40:37 PM

Monday, November 04, 2013 9:40:37 PM

Post# of 67208
Continuing to respond to a P.M. question about the true value of a stock.

When you see a larger than normal spread between the BID and the ASK it is usually
that the Market maker or MM is wanting a bigger profit and or a seller at the end of
a trading day wants the stock to appear that it has a higher market value.

TAKE NOTICE that companies like Fidelity, Ameritrade, Schwab, etc. value the stocks
according to the bid posted and never on the ask. A seller can ask whatever he wants to
but it is the buyer that determines the value of the stock as he/she buys on the bid.