Like if I try to sell an old couch on marketplace, there’s no guarantee someone will buy it. This is the first part of my question, what if no one wants the stock they’re selling? Can they just sell it to the ‘stockmarket’ or do they actually have to find a buyer like a specific bank or person that will buy it?
Then when I sell a couch, I can pick the price I want to sell it for, and maybe go back and forth with the buyer. As I understand though stocks have a specific price every moment, and you sell it for whatever the current price is. What if it’s an in demand stock though? Couldn’t you sell it for above whatever the current market price is?
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> what if no one wants the stock they’re selling?
Then it sits on the market for sale and no one buys it. This is often a problem for penny stocks, Crypto shitcoins or just anything without much trade volume (amount of it bought/sold over time).
> Can they just sell it to the ‘stockmarket’ or do they actually have to find a buyer like a specific bank or person that will buy it?
Specific assets might have institutional backers who you can always sell to. For example if a company wants to guarantee their shares will always be worth at least $100, they can pledge to always purchase them for at least $100. But generally this is not the case, buyers are not guaranteed to be there and its up to your stock broker to find a buyer when you want to sell.
> What if it’s an in demand stock though? Couldn’t you sell it for above whatever the current market price is?
If its an in-demand stock then chances are good trading volume is high, so the price of the stock is well established as lots of people are already buying/selling it.
You could offer to sell yours at above the current market price, just its not going to sell unless the market decides that price is now reasonable.
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