Re: help with first stock trade.

2009-06-12 Thread Matthew Smith
>Here is likely the problem... You are looking at the stock after the markets >have closed and you get these wild swings between the bid/ask prices. >Never, never trade stocks after hours. There is way too much volitility for >most folks to handle and unless you have a broker system that allows y

Re: help with first stock trade.

2009-06-12 Thread Matthew Smith
>> Ok, so it looks like I would have to pay 4.44 a share to buy?  And if I >> wanted >> to sell, I would only get 3.01 a share?  It seems like the stock would have >> to >> go up quite a bit before I even broke even.  Is that correct? > >Typically you can put in a buy order to buy it when it hit

RE: help with first stock trade.

2009-06-12 Thread Jeff Garza
o: cf-community Subject: Re: help with first stock trade. > > Bid: 3.01  Ask: 4.44  Last: 3.46 > http://www.investopedia.com/articles/trading/121701.asp Ok, so it looks like I would have to pay 4.44 a share to buy? And if I wanted to sell, I would only get 3.01 a share? It seems

Re: help with first stock trade.

2009-06-12 Thread Cameron Childress
On Fri, Jun 12, 2009 at 9:08 AM, Matthew Smith wrote: > Ok, so it looks like I would have to pay 4.44 a share to buy?  And if I wanted > to sell, I would only get 3.01 a share?  It seems like the stock would have to > go up quite a bit before I even broke even.  Is that correct? Typically you can

Re: help with first stock trade.

2009-06-12 Thread Ras Tafari
yup On Fri, Jun 12, 2009 at 9:08 AM, Matthew Smith wrote: > >> > Bid: 3.01  Ask: 4.44  Last: 3.46 > >> http://www.investopedia.com/articles/trading/121701.asp > > Ok, so it looks like I would have to pay 4.44 a share to buy?  And if I > wanted to sell, I would only get 3.01 a share?  It seems li

Re: help with first stock trade.

2009-06-12 Thread Matthew Smith
> > Bid: 3.01  Ask: 4.44  Last: 3.46 > http://www.investopedia.com/articles/trading/121701.asp Ok, so it looks like I would have to pay 4.44 a share to buy? And if I wanted to sell, I would only get 3.01 a share? It seems like the stock would have to go up quite a bit before I even broke eve

Re: help with first stock trade.

2009-06-11 Thread Cameron Childress
I remember when Adobe was trading at $16 and I said "gee I should buy as much of that as I can", but I didn't. That was in March and it's now trading at $30 a short 3 months later. Arg. -Cameron On Thu, Jun 11, 2009 at 8:24 PM, Scott Raley wrote: > > This is why I got out of ameritrade and pay

RE: help with first stock trade.

2009-06-11 Thread Scott Raley
This is why I got out of ameritrade and pay my Edward jones guy to do this stuff for me. I remember when Macromedia purchased coldfusion and a couple weeks later I get a check from ameritrade that my stock was sold.. No one asked me or notified me... -Original Message- From: Matthew Smit

Re: help with first stock trade.

2009-06-11 Thread Cameron Childress
On Thu, Jun 11, 2009 at 8:06 PM, Matthew Smith wrote: > So let's say I want to put $2000 into a stack that closed today at $3.46.  I > divided $2000 by 3.46 which gets me 578 shares.  But when I put that many > shares in, it shows the price to be $2,566.32. > > What gives? > > Bid: 3.01  Ask: 4.