dwalkercpa
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it may not get to zero, but if they file bankruptcy, your chances of getting much if anything become much lower. |
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s g
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the stock may very well plummet to zod...provided the financials have worsened sufficiently...but tell me ..all prices in exchange are market determined and derived...so tell me who would have traded the stock for zod!.....technically it cannot be zod but very near to zod....guess I am making sense.........yes you would be out of money nearly |
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eauclaire101
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I bought a penny stock once that went to zero on me. What a horrible experience that was. I didn't play the stock for a long time after that. Now I am more into mutual funds. Also, if you want another fun idea for investing, check my profile. |
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Dr. Deth
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is it a stock traded on a major exchange (NYSE, Nasdaq, etc)? If not and it's a penny stock - it could become worthless - you have to do more financial analysis before you invest |
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man_marathon
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there could be a reverse split-it hapened to me once |
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Tom H
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Sure it can go to zero. The really important issue here is; what kind of company is it?
Citigroup is having a terrible time right now, but there's no chance it will go to zero.
Is it a OTC or pink sheets stock? Is it a small or micro cap? Does it not have a few years of positive profits under its belt? These are all huge red flags. |
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Mr. Prefect
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If you bought this stock at a price less than $5.00, get rid of it before it does go to nothing, as most do. If it is a real company earning money, hang in there. |
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skiingted
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If the company goes bankrupt then the stock goes to zero. You get a $3500? right off per year (really sucks). Best thing is hold on to the stock. You probably can't sell it anyway. |
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paigespirate
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I've had one stock go to $0 on me. It was a dependable earner before that, enough small fluctuation daily for daytrading profits, then it started dropping and didn't stop.
I ignored my loss rule and held on until I lost all.
As a daytrader, the worst thing u can do is hold on. As an investor, the only thing u can do is hold on.
Also, NEVER buy stock w/o enough volumn to dump it at will. |
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