News for hackers. Stuff that matters.

A comment on Tesla 5-1 Stock Split. Parent comment

Re:Tesla 5-1 Stock Split by cynix on Tuesday August 11, 2020 @11:39PM (#24128396)
It can be "worth" less than 1 cent. That simply means if you put in an offer at 1 cent, nobody will buy it, because they think it's worth less.
[ Parent | on HN ]
Re:Tesla 5-1 Stock Split by esrauch on Friday August 14, 2020 @04:56PM (#24163164)
I meant if the bid-ask spread must be minimum 1 cent, then is it true that bid can't be lower than 1 cent as long as ask is semipositive?
[ Parent | on HN ]