Charlie R: Does a stock have to sell for the price it reports?
Here is what I’m looking at. A small stock, not much going on at all, it only moves about one time a month. Hardly anyone is in it.
If I buy a large quantity while its in a low month, and then sell when it jumps back up, is there anyway to sell this even if there is no buyer?
Like is that what the “Market” option is for on ebay? Is the company forced to buy it back from me at that point?
Answers and Views:
Answer by Tom J
Companies don’t report any price, market buyers and sellers do. If there are no bids to buy the stock after you have bought it, then you WON’T be able to sell it at any price until there is a bid.
This usually only happens in OTC stocks.
Answer by Fred SHeck no; at that point, you are the market. That being said, there are also limit and stop orders so you can try to set a min or max.Answer by bud68
The company does not have to buy back any stock. If there is no buyer, you can’t sell.Answer by Common Sense
The company has no say in the stock price. It doesn’t “report” a price.
Experianced stock traders generally will not trade a stock without it having an average volume of 400,000 shares, traded daily. If the stock price is under a $ 1…. the volume must be even higher.
It’s great that you’re looking into the stock market…. but beware… you curerently don’t have the most basic understanding of it. It’s time to read some books……….. it will save you from making some pretty basic mistakes…. that will cost you a lot of money.
Answer by Sean KIf the price never moves be careful they don’t close up shop and take all your money with them.
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