Can you buy/sell shares premarket or after hours?16 Jun 2023 09:13
I have always wondered that? cos I watch US stocks a lot and as soon as good news comes out about a stock its up 50-100% in the few hours before the market opens.
Then as soon as you try and buy when it opens the stock does nothing all day, but level,, then after hours its gets sold off 30-40% drop.
The US market really drives you nuts if you cant get in or out outside the market hours.
so what about UK stocks like ASOS???, I use hargreaves lansdown for my ISA and SIPP, and i have to trade only during market hours.
thats why I stick to UK markets, but boy oh boy can you make a lot of money in the US stocks, as the P/e ratios are over 100 plus or the companies have huge debt, make losses, but investors give stocks over there price to sales ratios of over 25 easily. investors over there are only interested in revenue growth, they dont care about profits.
I guess UK stocks dont get the same massive bumps, or attention, Amercans buy anything and pay any price for stocks, they dont care, they say " buy high, sell higher" !! gone is the" buy low , sell high attitude"