How low can a stock price go? I own an issue that's at 0.0004 . How many decimal place does the OTC sys allow?
Answer:
80 % of "penny stocks" go to $0.0000 within 5 years.
Zero. Bankruptcy. The stock is decommisioned and new stock is issued, the old stock becomes worthless.
sounds like an experiment you have going there..lol
I still have one too.I bought 20K shares of one at .03 cents and it's at .005
so I need a 600% increase to get even or lose another $90 to sell it and pay the trading fee.
my experiment.
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