Are There ways to know which stocks the price can drop below Zero ?

TradeTune said:
As example you can see the price has dropped below zero.

How to avoid buying stocks that goes past minus zero ..
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as in 'listed as a negative price', don't know, don't think so

your investment can go to zero

couple simple examples using a base of buying a $10 stock

the price drops to zero

it forever reverse splits leaving you with a zero ACB

https://www.splithistory.com/uvxy/

the stock gets delisted
 
misterkel said:
ASK goes below zero without a BUY or with a negative buy. Markets are weird.
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Did this idea only come up recently, because of what happened to CL? There is zero logical sense in everything about the idea of stocks going below zero.

Here's how it works, from my older-school mind. Take away computers, and the internet, and all electronic BS.

When you buy stock in a company, you get paper certificates saying you own, say, 100 shares. You spend $10 per share on them. So you have 100 paper certificates worth $1,000.

The company goes bankrupt, and shuts down. The company is now worth zero. Your shares are worth zero.

So here is the key, children...Please listen very very carefully...*LISTEN*

Do I now pay somebody 20, 30, 50, 100, 5000 cents per share to have them take the stock certificates from me, or do I simply toss them into the shredder/fireplace? WTF?

HELLO?!?!
 
Not a bankruptcy - yet and not very common. Low priced stock and they sell the primary business unit to pay down the debt. Most of the debt is convertible and you want to exit with a same-day trade to mark in the calendar year. So the convert holders get handed cash and multi-day float. It is rare, but someone wants the remaining public corporate shell.
 
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