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Why yes, son. I work at NYSE, an exchange that is based in New York City.
Dad, did you know about the stock market?
An IPO is the very first sale of a stock that a private company sells. A stock, is a share in ownership in the assets and earnings of a company!
Son, I am a daytrader. I make fast trades, and try to gain some money.
Dad, what is the difference between "Bear Market" and "Bull Market"?
Well, Bear Market is when the prices of stocks of a company are falling, and Bull Market is when the prices of stocks are rising.
Now son, this is where I work. Monday through Friday, our trading session starts at 9:30 and ends at 4.
Cool! Right now, were learning about IPO's, but I'm not really sure what they are. Can you explain it to me?
This was so cool seeing where you work! Thanks for showing me!!
You're welcome, son!
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