How to Buy General Dynamics Stock on the Open Market
- 1). Open an online brokerage account with one of the major online brokers, if you do not already have one. An account application can be completed online. The link below shows the SmartMoney 2009 Broker Survey listing the magazine's top choices for online brokers.
- 2). Determine how many shares of GD you want to buy. Stock is usually purchased in round lots of 100 shares, but it is not a problem if you want to buy an odd lot number. The online brokers will accept orders for any amount of shares.
- 3). Use the broker's online order entry screen to place a buy order for the number of shares you want of GD. Place the order as a "Market" order so it is filled immediately at the current market price. The broker's website will ask for a final confirmation of the order: check the stock symbol, number of shares and total cost before confirming the order.
- 4). You have two business days to pay for the GD stock you have purchased. The funds can be wired to the broker as directed on the site. If you have any questions, use the customer service number to call the online broker.