The Question and Answer Board

[DownWithPumpers]

thanks castle for the valuable information. but i still don't get about the par value of a stock. because i see jmcp with the par value of 0.01 but it trade at 0.0001, so what' is that mean. thank you and have a good day.


His reply seemed clear enough: #msg-18455622

Investopedia Says... For stocks, par is usually a small dollar amount that bears no relationship to the security's market price.
http://www.investopedia.com/terms/p/par.asp