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I know this stock has no volume and no buyers, but what other requirements?

2007-02-23 01:26:30 · 1 answers · asked by sandysdachshund 3 in Business & Finance Investing

1 answers

A stock is considered (in most cases) to be deemed worthless if there are no buyers (bids) or sellers (ask) for the security. Volume is not a relevant consideration. If there are people who would either like to buy or sell (whether they do or not) the security still has value.

2007-02-23 03:00:52 · answer #1 · answered by dashel_gabelli 3 · 0 0

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