I just started investing so sorry if I piss anyone off with these basic questions. To my understanding the Bid is always going to be lower than the ask price. But can someone explain to me what would happen in this station:
ABC Stock has a current Bid of 5.00 and an Ask of 5.02. A buyer puts in a price to buy at 5.04, but the lowest someone is willing to sell still remains at 5.02. Why wouldn't the current Bid be 5.04 and the current Ask be 5.02?
Submitted June 01, 2019 at 09:25PM by andy20491 http://bit.ly/2Mmzi6c