InvestorsHub Logo
Followers 253
Posts 28379
Boards Moderated 4
Alias Born 07/07/2004

Re: None

Sunday, 09/25/2011 9:35:41 AM

Sunday, September 25, 2011 9:35:41 AM

Post# of 253
How do .0001 stocks perform?

About 18 months ago I created a "model" portfolio of a dozen .0001 stocks ("stocks that can't go lower")

Since then two have done reverse splits and have continued to fall. The small number of reverse splits suggests that many .0001 companies have given up. Few people are now playing pennies. About half have no bids; those stocks can't be sold now.

One has been revoked by the SEC. Worthless.

Have any gone up? Not one! Many just sit and sit with zero bid and .0001 ask. Hard to say for sure how $10,000 invested in those stocks would have done. Many are so thin that selling would further depress the shares. My guess is $10,000 might now be worth less than $1,000.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.