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stratocaster999 said: "Alrite, I'm new to the stock world so this may be a dumb question, o well. I hear when people invest they buy shares at a nice round number, ie. 1000 shares or 500 shares or 100000 shares. Is it bad to buy a number shares such as 68 shares? I want to invest $1500 in a stock, and that is all i want to spend. spending $1500 gives me 132 shares. is that bad to have a number like that?"
thezster said: "Nothing wrong with that at all..... those of us who have the available $$ buy in round numbers only because it's what comes to mind. I've bought odd numbers at times because I wanted to invest my entire "available cash" in an equity........"
jhealey said: "When Nasdaq quotes bid and ask sizes they only use those round numbers that are above 100. All orders like 857, 322 or 67 are considered odd lots. They just arent listed on the bid / ask size data, although they are still considered in the volume data. Same deal though."
stockdaily said: "[QUOTE=stratocaster999]Alrite, I'm new to the stock world so this may be a dumb question, o well. I hear when people invest they buy shares at a nice round number, ie. 1000 shares or 500 shares or 100000 shares. Is it bad to buy a number shares such as 68 shares? I want to invest $1500 in a stock, and that is all i want to spend. spending $1500 gives me 132 shares. is that bad to have a number like that?[/QUOTE]
There is nothing wrong with buy odd lots. I do that from time to time. It is just easy to remember. For an active stock, it has no difference what so ever."