The bid is the price that someone is willing to pay for a security at a specific point in time, whereas the ask is the price at which someone is willing to sell. The difference between the two prices is called the bid-ask spread. Bid-ask spreads have the characteristic of heads they win, tales you lose: If you're a seller, you receive the lower price (the bid), and if you're a buyer, you pay the higher price (the ask).
From Wikipedia, the free encyclopedia. Lolo is a census-designated place (CDP) in Missoula County, Montana, United States. It is part of the Missoula Metropolitan Statistical Area. The population was 3,892 at the 2010 census, an increase from its population of 3,388 in 2000. It is home to Travelers' Rest State Park, a site where Lewis and Clark camped in 1805 and again in 1806.
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