|
Ask Size - An ask size is the amount of shares, which are being offered for sale at a set price, the asking price. This is generally provided in terms of hundreds of share. Traders use this bid size and ask size to calculate the short term upward and downward pressure applied to the stock's price. Although this may work on stocks that are exchanged on the NYSE and AMEX, it doesn't work well on the Nasdaq. Usually you will find market makers, brokerage or firm that sets the bid price, ready to sell or buy shares, rather htan stock market specialist who balance the book of buy and sell orders. |