Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
If I buy a stock that is selling for 35 cents on the OTC and the company has an IPO and the price that thay?
are asking is $5.00 a share would my shares go up in value approximately 1445% thanks for any insight that you might have.
4 Answers
- A nobodyLv 710 years agoFavorite Answer
If you bought a stock in the OTC Market, the company CAN NOT have another IPO.
IPO mean Initial Public Offering, once they issue stock, that was the Initial offering, any other offering is a secondary
The company can sell another class of stock but it does not appear you have all the facts,
Source(s): from the street - 10 years ago
Logically yes, but in reality this is hard to happen as the company will not offer as expensive value as yo mentioned.
- Anonymous10 years ago
Their IPO would fail. No one is going to buy stock at $5.00 when they can buy at 0.35. Well, perhaps I should say no rational investor.
- ?Lv 710 years ago
and to add to mucie's answer. They would have to have the dumbest underwriters in the whole world.
