If nobody is willing to buy the stock, and the selling continues, the stock goes down down down, all the way to .0001â¦ and then, when nobody is willing to buy, not even at .0001, the bid disappears. These are âno-bidâ stocks, and typically their asking price, or offer, then becomes .0001.
Developers and builders must post a Notice of Intention to Register a Condominium in a construction trade newspaper five to 15 days prior to sending the package description to the municipality where the condo is located.
When a property is listed for sale it hits the local MLS in a matter of minutes, usually about 15, but can take as long as 9 days to populate to nationally syndicated sites according to studies on the subject. To real estate investors ready to pounce 9 days might as well be 3 months.