Are There ways to know which stocks the price can drop below Zero ?

Discussion in 'Trading' started by TradeTune, Oct 19, 2020.

  1. As example you can see the price has droped below zero. How to avoid buying stocks that goes past minus zero ..


    Capture.JPG
     
  2. Overnight

    Overnight

    How can a company's stock quote fall below zero?. It would make no sense.
     
    VPhantom and KCalhoun like this.
  3. BKR88

    BKR88

    Futures can go below zero but not stocks.
    MRO never below "0".
    MRO.png
     
  4. Snuskpelle

    Snuskpelle

    I assume that's some kind of back adjustment method (possibly buggy) to make the price comparable to the current price. Would assume it never actually traded below zero.
     
    VPhantom, Nobert and drm7 like this.
  5. rb7

    rb7

    You gotta be kidding, right?
     
    KCalhoun likes this.
  6. Yes... I was surprised to see this chart, because when you buy a stock option , your risk is limited because stock can't trade below zero ... but i googled internet, and i saw several disscution on stocks trading below zero, got me scared, as you can see MRO stock symbol has gone to minues - 10.00 $

    Could it be my chart setting?
     
    Nobert likes this.
  7. Overnight

    Overnight

    Yes, it is your chart setting, or something like that, because Marathon has never gone below zero. In fact, it's hovering at it's historical low right now, around $4 per share.
     
    xavierchisolm and VPhantom like this.
  8. Overnight

    Overnight

    Moral of the story...Be careful when you google internet. (Sorry, they way you typed it struck me as funny.)
     
  9. You guys are elegant ,,you saved me a sleep
     
  10. SunTrader

    SunTrader

    Split adjusted. No stocks can not trade below zero. Wait maybe in Zimbabwe? o_O Check it and let me know.
     
    #10     Oct 19, 2020
    CALLumbus likes this.