If I own one share of stock and it drops to negative, do I owe them?
A few years ago I bought (as a gift) my fiance one share of WPT (world poker tour) stock and it dropped. Now I think its only at like $1.64 or something. If it drops below that or goes negative, will he end up owing the company? How does that work?
Public Comments
- No, it just means the value of the stock he owns is less than what he originally owned at the start.
- no... you just lose money, not your hair...
- No stock can go negative. You can only lose the total value of your investment. Never can you lose more, unless you include the cost of the investment advice. Go to my site, www.EndlessLegacy.US for some more information. If you wish, ask a question on my site and I could even add the answer for future visitors.
- You're fine, and no he won't end up owing the company. Your stock can only be worthless. So mathematically $0.00 is the lowest it can go.
- I'm not a financial expert, but I think you will most likely be charged an "administrative" fee for the share.
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