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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: Clark D. Gumeson who wrote (51)3/20/1997 6:33:00 PM
From: stockvalinvestor   of 1836
 
Clark, in every stock there is a bid-ask spread. The bid is what you can sell
the stock for and the ask is what you must pay for a stock. For example,
ESOL the other day had a quote of bid 6 7/8 ask 7. THis means you must buy
the stock for 7 but can only sell the stock at that moment for 6 7/8. Hope
this helps
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