Before I buy a stock, I always like to review how it has been trading. Sometimes shares are only traded in small numbers and their price tends to jump around unpredictably like a frightened leopard frog. For example, LNF trades around the $13 point. It can go up or down a dollar on a whim but only seems to trade a few hundred shares at a time. Other stocks, like CNR can bounce up and down $0.75 every day while trading tens of thousands of shares. Here’s how I check the price history for shares of a company using CIBC Investor’s Edge.
Checking the Price History for an Equity Using CIBC Investor’s Edge
- Go to CIBC Investor’s Edge at: https://www.investorsedge.cibc.com/ie/
- To sign in to your CIBC Investor’s Edge account/s:
- In the User ID field, type your User ID.
- In the Password field, type your password.
- Click on the Sign On button.
- From the list on the left side, click on Quotes and Research, then click on Market Centre.
- In the Symbol text field, type the ticker symbol for the company of interest.
For example, I typed LNF for Leon’s Furniture.
- Click on the View button.
- Review the information for today about the open, range, bid, bid lots, previous close, 52-week range, and ask, ask lots.NOTE that all price information on this screen is 15- to 20-minute delayed. You can see the current price when you are in the Stock Order Entry screen.You can also look at the P/E, EPS and Market Cap.
- There’s a handy little chart to the left that shows how the stock has been trading today.
I can see at a glance that LNF took a 50 cent per share dive after the opening of trading but has since rebounded and is now trading down about 25 cents
- Click on the 5 dy; 3 mo; 1 yr and 5 yr tabs to see the chart for the various time periods.For example, a review of the chart for LNF for 1 year shows that last year it climbed steadily all year, with a brief upwards spike and retreat in December and January.A look at the five year price history shows this stock has climbed from a 2008 crash of less than $10 to about $14 with a few swings up and down along the way. It’s currently trading near its all time high.
- Looking at this history, I will have to decide whether I’d prefer to wait for a pullback, since it does seem to have them fairly often, or go ahead and buy now.I could just by part of a position now, and pay a second commission to buy another part a few months from now. But is it worth paying two commissions? I need to choose before I submit a buy order.
- When your review is complete:
- Click on the Sign Off button.
- For increased security, close your browser session.
- How to Buy Shares at CIBC Investor’s Edge
- How to Get Ready to Buy Shares of Stock in a Companythrough a Self Directed Account
- Reviewing your CIBC Investor’s Edge Account Holdings
- Review the Dividend Information for Shares of a Company’s Stock Using CIBC Investor’s Edge
Has reviewing the pricing history for a stock ever saved you a bundle? Please share your experiences with a comment.