What would happen, hyperthetically speaking, if any of the indices ended up at 0?
I have to admit I don't quite understand the stock market, in order to sell something, you have to have a buyer, if there's no buyer, you are still stuck with your shares, except they are now worth nothing. Correct?
Sometimes "majority" simply means that all the fools are on the same side
katja328:I have to admit I don't quite understand the stock market, in order to sell something, you have to have a buyer, if there's no buyer, you are still stuck with your shares, except they are now worth nothing. Correct?
They should always be worth a small percentage of the underlying capital assets of the company if any were to be left over after a liquidation.
Even after Enron's implosion they sent me a check for $0.04 or something crazy like that IIRC.
They can't fall below zero since investors are only liable for the amount they invested and no more unless in cases of illegal activities.