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Re: arnold post# 27297

Monday, 03/19/2018 3:32:31 PM

Monday, March 19, 2018 3:32:31 PM

Post# of 28181
NO lower possible !!!
A trip-zero stock is a penny stock which has a price that includes a decimal point, followed by three - 'trip' - zeros, and then a single digit. Because the lowest share fraction tradable by a retail investor is .0001, the lowest a stock can go is just the same, .0001 dollars. So, a trip-zero stock can be anywhere from .0001 to .0009. After that the stock no longer has three zeros, and simply becomes a "sub-penny" or "subber". Ok, now let's just try to comprehend what .0001 dollars really means. It is one ten-thousandth of a dollar, or... perhaps a little easier to grasp, one one-hundreth of a penny. Chop a penny into 100 little pieces, and you can buy yourself one whole share of a .0001 stock with just one piece!

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