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Ask TheStreet: Bid Bewilderment

 

Editor's Note: Ask TheStreet is designed to answer questions about the market, strategies and investment methods. Please email us to ask a question, but keep in mind that we cannot offer specific investment advice.


My questions are about the "bid" and "ask" prices. Is the bid what you purchase or sell a stock for? Same goes for the ask. Also, when they talk about the size of a market, what do they mean? -- J.P. ...

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