Trading Halts Otc

How low can a stock price go? I own an issue that’s at 0.0004 . How many decimal place does the OTC sys allow?

These sub-penny, penny stocks get to some vanishingly small share prices. When does the exchange or the market makers give it up and halt trading. Who finally pulls the plug?
Yes, of course zero. I meant and should have said: “How low this side of bankruptcy, delisting and worthless can a stock go before it’s kaput?”

Sorry, didn’t make that clear – I do wonder how many decimal places are allowed by the trading system. Seems like 0.0004 is getting awfully close to the limit.

The issue in question is IPKL but there are others – lots.

80 % of “penny stocks” go to $0.0000 within 5 years.


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