stock market questions

[illflem]

If you sell a stock does someone really buy it or have to buy it? Does the market buy it? Reason I ask is that I sold 20k shares of a tech stock yesterday because I had a bad feeling about it. Looking at the market report I can see where my shares traded but about an hour later the stock stumbled quite a bit. Just wondered if the shares sell instantly or do they dribble out if no one is interested. BTW I came out ahead.

 

[Redneck Toadstomper]

Illflem,



Yes, someone bought that stock at the price you sold it for. You probably sold it as a market order. Had you put in a sell order at a higher price it would not have sold until market price met your sell price order.



Redneck