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| The Following User Says Thank You to colnago For This Useful Post: | ||
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2010-05-06
, 20:03
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Posts: 162 |
Thanked: 52 times |
Joined on Feb 2010
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#2
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Whoops indeed... "Trading error" at major firm blamed for market plunge. CNBC saying someone typed "billion" instead of "million"
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2010-05-06
, 20:10
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Posts: 417 |
Thanked: 182 times |
Joined on Jan 2010
@ At your mom's house, with my feet up!
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#3
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yup, already stocking up on ammo, and food. The rifle and the HK are all ready.....the world is going down the crapper.
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2010-05-06
, 20:17
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Posts: 518 |
Thanked: 160 times |
Joined on Dec 2009
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#4
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I wonder if it was somebody at work, coming back from lunch and checking the internet, and seeing the Dow down 400, paniced and fat-fingered their trade. My online trading software has level 2 quotes, and those $0.01 bids are "clickable". I couldn't even login to my other online trading account...I think some systems got flooded.
I'm glad I held on, I'm actually up for the day, after the stock dipped. 20%+. I know somebody had to have made a killing on the way down and up. The Accenture play netted 40,000%? Even if it was as basic 100 shares, they turned a dollar into $4,000.
Last edited by colnago; 2010-05-06 at 20:21.
I'm glad I held on, I'm actually up for the day, after the stock dipped. 20%+. I know somebody had to have made a killing on the way down and up. The Accenture play netted 40,000%? Even if it was as basic 100 shares, they turned a dollar into $4,000.
Last edited by colnago; 2010-05-06 at 20:21.
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2010-05-06
, 20:23
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Posts: 1,746 |
Thanked: 2,100 times |
Joined on Sep 2009
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#5
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Originally Posted by colnago
They may say that "money does not grow on trees" but I think this proves it grows on things much, much less substantial than a good, solid tree.
The Accenture play netted 40,000%? Even if it was as basic 100 shares, they turned a dollar into $4,000.
The stock I owned opened closed at $5.57 yesterday, opened up as high as $6.10, dropped to $4.66, and now back at around $6.
Last edited by colnago; 2010-05-06 at 20:00.