B/S/T Etiquette

[Balticfox]

Originally Posted by OhioLawyerF5

The buyer always makes the offer in contract law. The seller always accepts. When you go to walmart, their price is not the offer.

Ugghhhh. The law is therefore written with misleading and thus poor terminology. (Lawyers aren't known for being good writers.)

On the stock market sellers "offer" stock at a certain price. Buyers can take the offerings or "bid" a lower price. Any sellers are then free to hit the bid. Stock prices are therefore always in a state of unstable equilibrium, i.e. a stock's current price is where there's an equal amount of supply and demand but this can change at any moment.