bid (something) down

(redirected from bids down)

bid (something) down

To decrease the value of something, usually a security, by offering to pay lower and lower prices for it. Only buy that stock if you are able to bid it down first.
See also: bid, down

bid something down

to lower the value of something, such as stock, by offering a lower price for it each time it comes up for sale. We bid the price down and then bought all of it. I could see that the traders were bidding down the price, but I didn't want to take the risk.
See also: bid, down
References in periodicals archive ?
Nexus staff are now working to whittle those bids down to a top three, before putting their preferred choice to the government later this year.
Now we are turning bids down - bids which are significantly higher than our purchase price for these players."
As far as I'm concerned we've made offers for players and it's well within their rights to turn those bids down.
Dealmakers say potential sellers of oilfield assets are now discussing bids they would have rejected a few months ago while the changed outlook for oil allows buyers to adjust bids down.
"Unfortunately we have had to turn some bids down but I want to thank everyone for applying and I am heartened by the amount of good work going on to help communities across the county."
With this in mind, the London bid was named alongside those of Madrid, Moscow, New York and Paris as the IOC cut the nine original bids down to a final five in May 2004.
The trader said there was talk of dollar bids down towards 76.00 yen, but added that there was talk of stop-loss dollar offers at levels below 75.80 yen or so.
This drives bids down across the sector and forces suppliers to become engaged in a race to the bottom.
Cardiff turned both bids down and plan to keep the two players this time around as well.
Worcester had a slew of tying bids down the stretch, perhaps none better than when Graham Mink was denied on the doorstep with 2:39 to play.
``Derby have already turned two or three bids down from Everton.
However, as distance to the landfill decreases, the amount by which knowledgeable buyers bid down prices increases so that at a hypothetical distance of one mile, the amount by which a knowledgeable buyer bids down the price of a home is about 10.65 percent more than an ignorant buyer; likewise, at distances greater than 2.75 miles, the percent discount drops below the sample average.