Question:
When trading stocks on NYSE I find stocks with ask/buy prices marked N/A. How do I acquire these stocks?
2006-03-28 23:00:33 UTC
When I am trading stocks on yahoo finance I come across stocks like AK Steel that have a bid price markedN/A and an Ask price marked N/A. How do I purchase shares of these stocks?
Four answers:
2006-03-28 23:01:45 UTC
Call your broker.
Air Hockey Canada
2006-03-29 01:04:41 UTC
There may be two reasons why bid and ask prices are showing N/A.



1. The company's stock has been halted or is under a temporary cease trading order by the exchange.



2. There is no one currently wanting to buy or sell the stock and therefore, have not entered bids and offers.



If you contact your broker you can enter a bid. This does not guarantee anyone will be willing to sell you the stock. However, as they always say everything is for sale at a price. If your bid is attractive enough it may bring the offers out and you may be able to pick up stock.



HOWEVER, you should think about what is the company worth and what are the prospects for it going forward. Is it worth placing a very attractive bid on a stock that is in trouble? No.



I hope this helps.
Alease
2016-02-16 23:41:16 UTC
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flying_eagle
2006-03-29 02:49:40 UTC
1. Trading Halt.



2. No liquidity.



If it is a trading halt - you can't buy them until the halt has been lifted.



If it has no liquidity, simply put up a bid price at which you are comfortable to buy them at.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
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