HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Its market pricing
not knowing their particular formulas or they're basis, this is an exchange.
The basic idea of an exchange is you are betting that a stock will go up so you buy. But the exchange is matching you up with an order to sell that same stock.
Using your example, you ask the exchange for x shares at market price.....someone has a limit order to sell the shares at $10.35......the exchange matches you up to the guy selling his shares and takes 1% from each of you for their trouble.
How it works in the real world anyway. If you don't like the market pricing, do limit orders and you'll be within 1-2 cents of your asking price either way.
I've never understood something. Aug 17, 02:28
I honestly have no idea myself... Aug 17, 05:38
Connected to that... Aug 17, 08:48
My theory: Aug 17, 09:30
Yes, otherwise it's nearly an automatic profit on every trade. {nm} Aug 17, 11:56
Its market pricing Aug 17, 10:36