If a stock is Hot and about to take off.
And you are trying to buy a lot of shares. Much more than available on the ask. Then you have no choice but to put in a comfortable higher buy price and if it's less your broker will give that to you. But you at least you won't miss it.
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Replying to @MasterBJones and @traderbjones
When you place your bid, do you add a couple extra pennies to catch the ask when it's jumping?