Question:

What happens if you place a buy order at the market for more than the outstanding shares?

by  |  earlier

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will the stock really go up or what?

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2 ANSWERS


  1. your order will stay open until someone places a sell order


  2. DON'T DO IT! You will buy your way down the list until you are buying at extremely high prices, like 100 times the inside price! There are people out there just waiting for someone to buy large numbers of shares at market. USE A LIMIT ORDER!

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