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Pastimes : Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (2303)	3/5/2001 11:11:43 PM
From: Susan Saline	Read Replies (2) \| Respond to of 2402

>>>>LAST TRANSACTION PRICE because that's the easiest way to do it! But, just because they do it that way, it, in no way, tells you what the true SALES VALUE the stock has!<<<< u are in err anyone could bid a silly price for shares .....see it happen every day..... for any stock ... right at the close. but the "value" of a stock at the close is the closing price the closing 'bid' price is often not relative to the close, or the next day open I view a "contest" as little or nothing to do with buying or selling at the close the last price ... the closing price is "representative" of what one was willing to pay for a stock ... the "worth", the "valuation" at the close ... at a specific time in space IMHO