Can i buy stock below the ask price?

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Shad O'Reilly asked a question: Can i buy stock below the ask price?
Asked By: Shad O'Reilly
Date created: Sat, Aug 14, 2021 6:00 PM
Date updated: Wed, Jun 29, 2022 1:33 PM

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If a trader does not want to pay the offer price that buyers are willing to sell their stock for, he can place a stock trade and bid for the stock on the left side of the stock at a lower price than what is being offered on the ask or offer side… The same works for the right side of the box, the offer or ask price.

No. By definition, the “ask price” is the lowest price at which someone is willing to sell the stock. If you were able to buy a share of stock at below some particular price, then by definition that price was not the ask price since someone was willing to sell a share of stock below that price.

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