Tollendal said:
Dear Entropy1,
The mathematical formalism adopted by Schroedinger leaves clear that in the instant the location of the particle is made, all probabilities disappear. Strangely, since the formulation to this day, numerous discussions about the significance of this disappearance occur, maintaining that there is something mysterious in it. Nevertheless, when we have a dice in hand, before we throw it the possibility of each face falling upside is one to six. In the moment it falls upon the table and immobilize, it's clear one can no more speak in probabilities, as one of the faces was defined. It is no more probable, it's certain. Its obvious, there is nothing mysterious in it, as even Einstein and Niels Bohr concurred.
No! Even if you believe in collapse and take wave mechanics (i.e., non-relativistic (and only non-relativistic!) QT) of a single particle and even if you believe in collapse, in no way a particle can take a fully determined exact position. If so the probability distribution whould be a Dirac-##\delta## distribution, i.e., $$|\psi(\vec{x})|^2=\delta^{(3)}(\vec{x}-\vec{x}_0).$$
Since you cannot take a square root of the ##\delta## distribution, this ##\psi## doesn't exist.
On the other hand you may insist that there is a eigenstate of the position operator. This becomes more clear in the momentum representation, in which
$$\hat{\vec{x}}=\mathrm{i} \vec{\nabla}_{p},$$
and the putative eigenstates are
$$\tilde{u}_{\vec{x}_0}(\vec{p})=\frac{1}{(2 \pi)^{3/2}} \exp[-\mathrm{i}(\vec{x}-\vec{x}_0)],$$
but that's not a square-integrable function and thus cannot describe a state. Fourier-transforming to the position representation you get
$$u_{\vec{x}_0}(\vec{x})=\delta^{(3)}(\vec{x}-\vec{x}_0),$$
which confirms this result, i.e., you cannot even square the ##\delta## distribution!
Here you have generalized eigenvectors of unbound operators. This always happens if you have operators with a continuous spectrum (or part of whose spectrum is continuous). Then you have generalized eigenfunctions (in the sense of distributions of functional analysis) rather than Hilbert-space eigenfunctions, and these distributions can never describe states of the particle.
In other words a true pure state of a particle within Schrödinger's formulation of non-relativistic QT of a single particle is always represented by a square-integrable wave function, which may very narrowly peak around some value ##\vec{x}_0## of the position of the particle, but it's always of finite width and thus the standard deviation of the position is never 0. This is also underlined by Heisenberg's uncertainty relation ##\Delta x \Delta p_x \geq 1/2##, which shows that neither position nor momentum can ever be exactly determined, and that the more you specify the position the less well specified is the momentum of the particle.