"Let's see, MCI closed at $1.68 and Worldcom closed at 83 cents. How much lower can this drive the stock?"
In after-hours trading on the Island network, WCOM is currently at 27 cents. MCIT is around 80 cents.I'm waiting for these stocks to actually become negative.
That is, you owe money if you own them.
Ah, no they get de-listed.But you can always buy their bonds.