November 29, 2009
Online stock trading company – Then, to attract buyers, the price may have to recede.
"One-quarter for 100," the broker says to the specialist and the other brokers around the post. He is trying to buy the stock for you at $62.25, or $.25 a share less than the lowest selling price. Pressure is on the broker selling at the market, as well. He has to judge how eager the eager buyers are, and he can't spend all day waiting to find out.
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