answersLogoWhite

0


Best Answer

It is possible to do that, but whether an individual can do that depends on their access and how they are trying to buy and sell. For instance, even though you own the stock in your 401K, you would likely not be able to make such a trade, because requesting the trade through your 401K would take too long.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you sell a stock and buy it back on the same day?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does hot stock mean buy or sell?

It means buy because it is a "hot" stock


What is difference between common stock and treasury stock of a corp.?

Common stock are the shares issued by a company to the public. Treasury stock are the common shares that the same company has bought back from the public. Companies tend to to do this when they want to restrict the number of total outstanding shares in the market. Another reason to buy back stocks is to hopefully sell them back to the market when the price per stock increases.


Is there any difference if you buy a call or sell a put?

Yes, and it's massive. If you buy a call, the option exercises if the stock price is higher than the strike price. If this happens, you resell the stock and keep the profit. If you sell a put, the option exercises if the stock price is below the strike price. If this happens, you bury the stock in the back yard until the price goes back up.


What is a marketplace where brokers meet to buy and sell stock is what?

A stock market.


Can you simultaneously sell and buy the same stock in two different brokerage accounts to avoid wash sale rule?

No.


Reason to short a stock?

Well, you sell a stock short when you believe the price of the security will drop then you can buy it back at a lower price then you bought it for. You can also short a stock by buying "put" options.


How do you buy and sell stock exchanges?

brokerage firm


Which of these terms refers to a place where you can buy ans sell shares of stock?

stock exchange


When will the Toys R Us in UK sell the Nerf longshot?

you can buy it in Toys r Us for £40 but its out of stock. I really have been waiting quite long for it to come back in stock :(


What is stock market dealer responsibilities?

buy and sell shares


Will somebody buy your stock when you sell them?

yes if the price is right


What's the form that instructs your broker to buy or sell when a stock reaches a specified price?

Limit Order is the form that instructs your broker to buy or sell when a stock reaches a specified price.