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Louislasvegas

05/02/12 7:31 PM

#9722 RE: portermac #9721

I already explained it, see my prior post.
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KngmAz

05/02/12 7:37 PM

#9725 RE: portermac #9721

"portermac" - Someone most probably placed a buy order as a MARKET order instead of as a LIMIT order. Happens all the time. THE STOCK MARKET IS JUST LIKE ANY OTHER KIND OF AUCTION!! In fact - the stock market really IS an auction and the Market Makers are the AUCTIONEERS. That's why you have a BID and an ASK and that's the real beauty of the stock market because it really is just that simple. SUPPLY and DEMAND - PERIOD!! Sleep well.