Downtick

Finance a la shmoop what does buy minus mean? buy minus is a trading limit or rather a

trading rule given by a client wanting to acquire stock when it goes on flash

sale think Macy's white-flower day sale meets a bolt of lightning you know so [Sale banner outside Macy's and lightning flashes]

how's that work well Bobby bargain hunter sees the

highly volatile whatever dot-com trading at 8250 a share but notes that in the

last week it has been as high as 88 and as low as 75 Bobby wants to be long the

stock ie own it but doesn't want to pay retail price for it ie a "market

order" would just buy that stock at whatever price its trading at this [Market price appears]

moment so he puts in a buy minus order with a limit of 72

if the stock suddenly gaps down to that level he'll be the proud new owner of a [Bobby with a pile of stock]

hundred shares have whatever.com and if it doesn't well then Bobby bargain

hunter will have to shop elsewhere for bargains yeah this guy's such a big

bargain hunter he even hackles at restaurants can you believe that [Waiter approaches Bobby with the check]