Mrs. Smith is interested in investing $10,000 in her nephews publically traded company To Infinity and Beyond, which invents technologies that can be used to search for other forms of life in the galaxy. On the day she wants to buy stock in the company, the companys stock is trading at $12/share and the total volume of shares traded is 750.

If Mrs. Smith puts in an AON order to purchase 800 shares at $11, is the order likely to get executed? How would adding a GTC trade qualifier change the situation?

If Mrs. Smith is worried that the company might go out of business, what type of order should she put in? Why? Discuss one of your classmates answers. Do you agree with the type of order he or she suggested? Why or why not?

If To Infinity and Beyond discovers alien life, what would happen to the price of the stock? What steps and types of trade orders can Mrs. Smith take to benefit or protect herself from this change? Add a new suggestion that hasnt yet been mentioned in the forum.