Replies to post #317 on DEAD STOCK TRADING! (411)

[Stock]

I haven't seen a chart display a .00001 price before. Can you post the chart?

I have purchased a zero bid stock once before as a learning experience, and to average down on a stupid .0002 trade I had made.

I ended up selling all with a MARKET ORDER (with the stock still zero bid). All the shares crossed at .0001. This took several days to get a limit order to fill, even with no AON instructions.

I wonder if placing a market order on a zero bid x .0001 stock would generate a trade at the fifth decimal?

There is no way I would test that theory. There's no telling what kind of fill one would get!