Triple 000 and Sub-penny Chart Plays

[trader53]

How does a stock get to .0001?

So you may be asking yourself, "How the heck does a stock go this low?" Well, the answer to that depends on the stock, but generally it is due to dilution, and the subsequent supply of shares outpacing the demand for them.If nobody is willing to buy the stock, and the selling continues, the stock goes down down down, all the way to .0001… and then, when nobody is willing to buy, not even at .0001, the bid disappears. These are "no-bid" stocks, and typically their asking price, or offer, then becomes .0001.