Replies to post #44914 on Verb Technology Company Inc (VERB)

[Ziptrader0]

The ASK is the price listed on the right of the spread. It is the price someone is willing to sell to you, so if you put in a limit order (always do) at that price it is likely to get filled.With a limit order your broker is trying to get that price or lower, so you might get it for less. However if you are talking about large amounts of shares, it could take time or you may have to move your price higher. The BID is the price on the left and is what people are saying they would buy at this price, but if there is no seller for that price, it will not get filled.

[blackmuddy0523]

If you have ever placed a trade ticket order, you have a bid or a buy on ask, usually a penny or two difference in price. Instead of trying to save a buck or two, hit the ask, not only will you get immediately filled you are creating a much stronger share price. If you want a technical definition check trader dictionary. Pay it forward and get rewarded much faster!

[pearsby09]

If you want shares NOW..buy in at the ASK. Right side of the spread. For instance, BID = 1.08..ASK = 1.10. If you buy the ASK (1.10) Most likely it will fill. If you put your Buy in at the BID you'll get a better price...but the stock may never hit the BID if it runs higher. Usually, the BID/ASK spread is small in margin...if you REALLY want the shares for sure..than slap the ask! If you want a few penny discount than hold for the BID price.

It's like buying a house. The ASK is 200K..so if you are willing to buy at 200K you will most likely get the house. If you decide to ONLY buy the House for a BID at 180K you may get the house or not. How bad do you want the house? How bad do other buyers want the House? They could put a BID in at 190K and your BID becomes worthless. Bid's are a gamble between a discount or loss of acquisition!