It's how many shares at the ask or bid at the given price. If you enter a market order, you'll get the first 5,000 at .1515 (assuming that ask is still there when your order hits, and you aren't BID, ASK, AND SIZE When you enter an order to buy or sell a stock, you see the bid and ask for a stock and some other numbers. What are the bid and ask, and what do those numbers mean? One, the bid, is what you need to know when you are selling a stock. The other, the ask (or offer) is what you need to know when you're buying. When the bid size for a stock is larger than the ask size, demand outstrips supply and it's likely that the stock price will rise On the other hand, an ask size larger than the bid size indicates an oversupply of the stock, in which case the price is likely to fall. 7. Just take the ask price: Assuming you want a minimal amount of shares, just take the ASK price if the Bid/Ask spread is not too large (around 1-2% or less) and assure yourself of getting your order filled. Final Word. The buying and selling of penny stocks, or low volume stocks can be dangerous for those that are not aware of what’s going on. If a penny stock is bid at 45¢ and the ask is 70¢, that leaves a large price spread of 25¢ between what buyers want to pay and what sellers are willing to take in exchange for their shares. You need to decide a price at which to trade shares. Because the stocks that I typically deal with are thinly traded like these, you have to be careful when purchasing large blocks of shares, as the bid/ask spread becomes a factor. Likewise, if you wanted to BUY more than 400 shares of this stock (there are 2 buyers lined up at $15.23), the next offer to sell is at $15.50!
Small company size and lack of reporting can lead to big price swings. Penny stocks can have a big drop in value in a short amount of time. Some companies in the penny stocks list also trade over the counter (OTC). Instead of trading on a centralized exchange, they go through a broker-dealer network. If the ask size is significantly larger than the bid size, then the supply of the stock is larger than the demand for the stock; therefore, the stock price is likely to drop. (In regards to 3. and 4. is it really this simple? Are there cases when this is not true? What would be some other caveats when following these rules of thumb?)
12 Sep 2019 An investor who owns that stock could therefore sell up to 500 shares at $50 per share. Bid size is the opposite of ask size, where the ask size
12 Jun 2019 What are penny stocks, and should you consider trading them? Low liquidity is a contributing factor to potentially high bid-ask spreads for penny stocks. Because they are often small in size, penny stock companies do not 17 Feb 2020 Find everything you need to know about investing in penny stocks in this guide. market capitalization, liquidity shortage, and large bid-ask spreads. Therefore, obtain information about the average daily trading volume of 13 May 2019 Our penny stock guide provides you with simple and easy to follow In addition, volatility tends to be high among OTC stocks, and bid-ask No-BIDs are sub-penny stocks, A.K.A. Trip-zero stocks, that have fallen to the smallest increment -Watch the BID and the ASK sizes throughout the trading day. Displays the number of board lots available on a Bid. The size of the board lot depends on the price of the stock and the market on which it trades. Canadian When combined with the bid price information, it forms the basis of a stock quote. Ask Price · Ask Size Average Daily Volume · Average P/E Ratio · Averages
It's how many shares at the ask or bid at the given price. If you enter a market order, you'll get the first 5,000 at .1515 (assuming that ask is still there when your order hits, and you aren't BID, ASK, AND SIZE When you enter an order to buy or sell a stock, you see the bid and ask for a stock and some other numbers. What are the bid and ask, and what do those numbers mean? One, the bid, is what you need to know when you are selling a stock. The other, the ask (or offer) is what you need to know when you're buying.