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Mango

04/05/10 12:21 PM

#10169 RE: pinoman100 #10152

That statement shows your lack of knowledge of how the markets work. And I mean no offense by saying that. People buy at the bid all the time, including myself. I usually only buy at the ask if I want to get into a stock ASAP, like in a quickly rising stock. I'm not saying anything is wrong with buying at the ask, it's just not what many do in a churning stock.

Of course, if no one is selling at the bid, then you have to hit the ASK to get in!


"...I also l love these people claiming to buy at the bid. MM's don't give money away!"