[mage lang="" source="flickr"]penny stock expert[/mage]
why/how does stock valve goes up & down on the chart?
The stock price for example CSCO is at 100 at 9:30:05 and it drops to 95 45 seconds later, but it also rises to 101 after 2 minutes of the drop time… how and why does the price goes up and down.
or a penny stock, listed at 0.005 and that price never changes extremely, but will change maybe 0.007 by the end of the trade or drops down…can any expert explain a little
It’s a market in action. Any price for a stock is simply a reflection of what a buyer is willing to pay for a stock and what the sellers expectations for the stock price.
When you want to but a stock say CSCO @ $100, you might think that is too much so you put in a bid for $95. That bid will either be accepted or not by the seller. If the seller decides to wait for a bid of his asking price then the price will remain at $100. If the seller decides he’s had enough and wants out he might accept your bid and the price will drop to $95.
Sounds simple, right?