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| brian32 |
 Posted: Mon Jun 25, 2007 11:27 am Post subject: What happens when stock is sold? |
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| Hi. When someone sells their stock, where does the money come from that they get? The company? Investors who want to buy the stock? Thanks. |
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| Dave Rathbun |
| Posted: Mon Jun 25, 2007 11:31 am Post subject: |
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CFO
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Could be either of those, or more. When you sell a stock, someone has to purchase it. That "someone" could be your broker, a stock market maker, a mutual fund manager, or an individual. There are probably even more options that I can't think of at the moment.
Bottom line, someone has agreed to purchase your shares for the price you have set (on a limit order) or the current market price (on a market order). |
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| brian32 |
| Posted: Fri Jun 29, 2007 5:59 am Post subject: |
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New Poster
Joined: 01 Jun 2007
Posts: 4
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6843.53 e$
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Churn Rate: 0.00%Items
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| Billy-Ray-Valentine |
| Posted: Wed Jul 11, 2007 5:48 am Post subject: Re: What happens when stock is sold? |
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Investing Associate
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| brian32 wrote: | | Hi. When someone sells their stock, where does the money come from that they get? The company? Investors who want to buy the stock? Thanks. |
good question, Im pretty new at this also and was wondering the same thing. |
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| ithatheekret |
| Posted: Thu Nov 22, 2007 3:34 pm Post subject: |
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Investing Sr. Associate
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| All brokerages have a trading account , much like a lawyers trust account . It's like a pool of floating funds , exchanges have them too . |
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