Market Information

Sebo said: "When i was on my webbroker i looked up a quote for BHIP. It had the following information, Bid Size 50 Ask Size 2 Day High 2.75 Day Low 2.3502 Open 2.42 What do bid size and ask size mean exactly? Thanks for any input in advance, Sebastian"

LongArm said: "If, for example, the bid price is currently $5.00 and the ask price is $5.20, then "bid size 50" means there are 5000 shares (you usually add 2 zeros to the size numbers) being bid on at the $5.00 price, and "ask size 2" means there are 200 shares being offered at the $5.20 price."

Sebo said: "ok thats pretty simple. just one more question, where is the bid and ask price found. thanks!"

LongArm said: "[QUOTE=LongArm]If, for example, the bid price is currently $5.00 and the ask price is $5.20, then "bid size 50" means there are 5000 shares (you usually add 2 zeros to the size numbers) being bid on at the $5.00 price, and "ask size 2" means there are 200 shares being offered at the $5.20 price.[/QUOTE] I should have said that these bid sizes refer to one order. IOW, someONE is bidding for/offering shares at that price. There may be other orders behind that one for the same price. [quote=Sebo]just one more question, where is the bid and ask price found. thanks![/quote] There should be a "bid" and "ask" easily found in your quote window somewhere."