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kwmusick kwmusick
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2 years ago
Dr. Balcom is a busy opthamologist who has no time to trade during market hours.  She likes Allergan products and thinks the stock is attractively priced at the day's close of $148.20.  Over the past week, Allergan has traded between $145 and $160, fluctuating widely within each day.  It is now 8:00 P.M. on a Wednesday evening.  If Dr. Balcom wants to buy 200 shares of Allergan, she should

▸ place a limit order to buy 200 shares at $148.20.

▸ place a market order to buy 200 shares.

▸ place a limit order to buy 200 shares at $145.

▸ wait to see what happens the next day.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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tulipfiascotulipfiasco
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2 years ago
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kwmusick Author
wrote...

2 years ago
this is exactly what I needed
jodie1
wrote...

Yesterday
Correct Slight Smile TY
nsak
wrote...

2 hours ago
Good timing, thanks!
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