What would you do in this situation?

WallStGolfer31 · #1 (**permalink**) 12-09-06, 07:32 AM

You're looking to buy this stock, XYZ, and it has very low volume, and it's priced at $10.00

You can either get in buy purchasing shares in the market, but doing so results in the stock price going up to 11.50 for your order, where it becomes the new price and the price you pay for it.

OR

You could somehow get in at 10.50, but the market price would still be at 10.00.

What would you do?

anfern057 · #2 (**permalink**) 12-09-06, 09:38 AM

$10 Call Options selling for .5?

gijoe9 · #3 (**permalink**) 12-10-06, 12:44 AM

Market order at 11.50 depending on the situation. How much money am I going to be spending?