Hot answers tagged

130 votes
Accepted

Can the stock price go up even if no one is buying?

Let’s take a step back. Prices have their origin in the fact that there are buyers and sellers. If as you ask “NO ONE” is buying, there is no price that can be reported. No transactions will occur. ...
JTP - Apologise to Monica's user avatar
88 votes

Could I make money off of the negative oil price?

Sure you can make money from this. Just get paid to take barrels of crude oil from a producer, take them home, and sell them to someone once the price increases. Problem is: Do you know the laws and ...
Nosjack's user avatar
  • 8,456
57 votes
Accepted

The price dropped on an item I purchased 8 days ago. What can I do?

Two options you can try: Go to the store and ask them to refund the difference. They might not, but it doesn't hurt to ask. Often stores will do this if you are within the return window because it ...
Ben Miller's user avatar
  • 115k
53 votes

Can the stock price go up even if no one is buying?

What you are describing is similar to what used to happen every night on a stock exchange that isn't open 24 hours (before after-hours trading existed), since after the exchange closes no one was ...
TTT's user avatar
  • 47.2k
39 votes

How do I estimate the value of a small cabin rental business I want to buy?

In addition to Alex B's excellent overview, I'd like to add a few more bits of advice. First of all, one term you should know is "commercial real estate" - which is precisely what this is. There is a ...
BrianH's user avatar
  • 11.7k
39 votes
Accepted

What does a stock's quoted value represent?

The quote price is simply the last price at which a trade completed.
Rocky's user avatar
  • 24k
37 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

You've got two or three factors jacking up the price from what you'd pay for peanut butter in the US, which is probably where most of those cheap meal suggestions come from. First, Skippy is a highly-...
jamesqf's user avatar
  • 11.2k
35 votes

Why do gas stations charge higher price for credit card purchase while customers can purchase their gift cards from a third party?

It's not completely risk free - what happens if you lose the gift card? In addition, the gas company isn't losing anything - it's the grocery store where you bought the card that eats the 2% merchant ...
D Stanley's user avatar
  • 131k
32 votes

Could I make money off of the negative oil price?

The way to make money off of this would be to buy the futures contracts that are negative then hope that it goes back positive (or at least less negative) before they expire tomorrow. There's no ...
D Stanley's user avatar
  • 131k
30 votes

Could I make money off of the negative oil price?

There is nothing really unique to oil here. There are many other things which have a "negative price", and they have it always, not just temporarily like in the case of oil. Waste (especially ...
vsz's user avatar
  • 1,700
29 votes

How do I estimate the value of a small cabin rental business I want to buy?

There are many ways to value a business. Here is a simple method to get a ball park number on most businesses. This business is made of two parts. The significant real estate assets The cabin rental ...
Alex B's user avatar
  • 17.3k
29 votes

Why do gas stations charge higher price for credit card purchase while customers can purchase their gift cards from a third party?

If you buy a Marathon (or any other brand) gift card, you're giving the merchant cash now. Most people don't spend their gift card immediately so the company gets to use that cash as working capital ...
Justin Cave's user avatar
  • 26.5k
26 votes

Can secret Bitcoin transfers cause the reported values to be completely off?

Is it possible to buy and sell bitcoin without any of the exchanges knowing about it? Absolutely, you can send cryptocurrency from one wallet to another without anyone knowing what you are getting in ...
Hart CO's user avatar
  • 69.1k
24 votes

The price dropped on an item I purchased 8 days ago. What can I do?

Depending on how you paid for the item, some credit cards have price protection insurance. There are always minimums (e.g. Must be more than 10% or €150 whichever is greater) and paperwork, and ...
Mark Henderson's user avatar
23 votes

Typical discount for cash purchase on $1+ million homes?

First, I assume you understand that 'Cash Offer' doesn't mean you really show up with cash (in a duffel bag...), but is an expression that designates that you don't need a mortgage approval, but have ...
Aganju's user avatar
  • 37.6k
22 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

You careened out of your way to pick a bad product on several levels. It’s an American name and taste. Its target market is American expats and others with strong desire for the American “taste”, ...
Harper - Reinstate Monica's user avatar
21 votes

Why do gas stations charge higher price for credit card purchase while customers can purchase their gift cards from a third party?

In addition to other reasons, this can be an example of market segmentation: making each customer pay as much as they are willing to. By spending some time going through the gift card route, you ...
jpa's user avatar
  • 1,086
19 votes

The price dropped on an item I purchased 8 days ago. What can I do?

Ultimately this is just bad luck. Prices change, especially for things like computers which become obsolete in a short time. At the end of the day a cutting edge PC is only cutting edge for about 6 ...
Chris Johns's user avatar
19 votes

Can the stock price go up even if no one is buying?

The price of the stock can be reported at its bid or ask price or last trade price. No one needs to buy or sell the stock for the bid/ask price to change just like no one needs to buy merchandise from ...
Glen Pierce's user avatar
  • 2,573
15 votes

Why is XYZ $70.5 strike call more expensive than $68 strike call?

Is the price you are quoting the bid, ask, or last? If this was the last, then the information could be days old. The bid or ask may be up to date pricing but the other side may have no interest at ...
Pete B.'s user avatar
  • 76.1k
15 votes

Could I make money off of the negative oil price?

The price for physical barrels filled with crude oil isn't actually negative right now in most regions of the world. If you need a barrel of oil for your petroleum refinery, then you will at least ...
Philipp's user avatar
  • 23.9k
14 votes

Typical discount for cash purchase on $1+ million homes?

I don't have a solid data-backed answer, but this is too lengthy for a comment. I've read that on average, about 1-2% is what you can get as a cash discount on a home purchase, all else being equal, ...
Hart CO's user avatar
  • 69.1k
12 votes

Can the stock price go up even if no one is buying?

"The price is literally the last price at which a transaction occurred." This is your accepted answer, and it is wrong. Sorry Joe but this is unequivocally not true. Every exchange has different ...
blankip's user avatar
  • 4,684
12 votes
Accepted

BITCOIN: on a chart what does it mean for the USD price to be higher then marketcap?

The blue and green curves have different vertical scales. One being "above" or "below" the other is just a matter of how the scales are chosen -- it's not a feature of the actual numbers being plotted....
hmakholm left over Monica's user avatar
11 votes

Why do gas stations charge higher price for credit card purchase while customers can purchase their gift cards from a third party?

If everyone only purchased the gift card, and then used it up completely at the pump, then the gas station would not benefit from this. If every one of those people would have paid the extra CC fee ...
TTT's user avatar
  • 47.2k
10 votes

Why would a seller at an auction set their reserve price hidden?

I found this puzzling also at first. But after reviewing many past successful and unsuccessful ebay auctions, I came to this conclusion: Keeping the reserve price a secret is all about the psychology ...
Mattman944's user avatar
  • 1,718
9 votes

How do I estimate the value of a small cabin rental business I want to buy?

A look at the utility bills should give you an idea of the actual number of tenants. Some places- like I once read of Carmel, California- may require you prove you have enough water to support more ...
Stuart VS's user avatar
9 votes

Buy at least three at a lower price?

There is no universal answer. Every company is free to set their own terms. Check the fine print or contact the company. Usually, companies are smart enough to avoid those situations. For example, ...
daytrader's user avatar
  • 2,232
9 votes

Can secret Bitcoin transfers cause the reported values to be completely off?

Since people are still buying and selling Bitcoin at the exchange price on the exchange, the exchange price still reflects the actual Bitcoin price. If the exchange price didn't reflect the actual ...
user253751's user avatar
  • 2,620
8 votes

How does a monthly inflation rate work?

According to the link you provided, these inflation numbers are the year-over-year inflation amounts for a given month. For example the February number of 7% means from February 2015 to February 2016 ...
quid's user avatar
  • 49k

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