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Tip of the Day

Tip of the Day Save Enough

Save Enough - When your children are young is the time to start planning for your children's college and/or universities costs and plan to save one-third to one-half of the...

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Syndicate Bid

Syndicate bid - A syndicate bid is a bid, which represents the highest price the syndicate member (member of a bank, brokerage, or investment bank) will pay for the securities trading on the National Association of Securities Dealers Automated Quotations (NASDAQ) exchange. A syndicate bid is entered just prior to a secondary offering. The reason for a syndicate bid is to stabilize the market, since a secondary offering (an offering which occurs after the initial offering of stock has been made) increases the number of outstanding shares (float). Therefore the prices of that security will fluctuate and a syndicate bid is offered to stabilize the prices.

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Daily Definition

Definition of the Day Average Down

Average Down - The average down means that the stockholder who is buying additional shares in stock that is already in his/her portfolio, has dropped in price since the he/she purchased of the earlier stock. These stocks are generally owned, a long position, or owed, a short position, by an...

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