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| GOOG error correction | ||
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From: shaunakkh...@gmail.com
Date: Tue, 30 Sep 2008 14:18:01 -0700 (PDT)
Local: Tues, Sep 30 2008 5:18 pm
Subject: GOOG error correction
CNBC reports.... Nasdaq has cancelled all trades below 400.52 for
Google determining Google's price at close on Tuesday to be 400.52...Whew.... You must Sign in before you can post messages.
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From: macd....@gmail.com
Date: Tue, 30 Sep 2008 14:31:01 -0700 (PDT)
Local: Tues, Sep 30 2008 5:31 pm
Subject: Re: GOOG error correction
shaunakkh...@gmail.com wrote:
Yeh, what was up with Google? I wasn't able to watch the markets today
> CNBC reports.... Nasdaq has cancelled all trades below 400.52 for > Google determining Google's price at close on Tuesday to be > 400.52...Whew.... but got a phone call from a broker-friend of mine who said something was happening with Google pricing (his words were "someone is playing with Google, better look at it. something is up."). So what happened? You must Sign in before you can post messages.
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From: david.vanwago...@gmail.com
Date: Tue, 30 Sep 2008 17:25:43 -0700 (PDT)
Local: Tues, Sep 30 2008 8:25 pm
Subject: Re: GOOG error correction
This is a PERFECT example of the ease with which the big MMs are able
to manipulate stock prices. In this case they must have had a decimal place out of whack- but still- if they are able to easily create a huge drop in price like this, imagine how much stuff they can do while remaining "off the radar." I wish like hell the SEC would look into this "event" and end this kind of thing. I blame the current market woes EQUALLY on the new skill of the shorts (since the rule change on shorting last fall) and the irresponsible lending practices sanctioned (again and again) by you know who. You must Sign in before you can post messages.
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From: JM <jason.mei...@gmail.com>
Date: Tue, 30 Sep 2008 17:32:45 -0700 (PDT)
Local: Tues, Sep 30 2008 8:32 pm
Subject: Re: GOOG error correction
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From: tysonb...@gmail.com
Date: Tue, 30 Sep 2008 17:41:16 -0700 (PDT)
Local: Tues, Sep 30 2008 8:41 pm
Subject: Re: GOOG error correction
They treated it like a misdeal. Something screwed up and they try to
figure what's the best way to make this right. Thus.... You must Sign in before you can post messages.
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From: 3invest...@gmail.com
Date: Tue, 30 Sep 2008 17:47:18 -0700 (PDT)
Local: Tues, Sep 30 2008 8:47 pm
Subject: Re: GOOG error correction
Over the long run, there is nothing MMs, M&Ms, or Eminem can do to
effect stocks' performances over the long haul. If you're concerned over the small details, just make sure your brokerage is not overcharging you for market orders or undercutting you with limit order buy/sells at the bell. Instead of blaming the shorts, thank them for exposing the dangerous
Other than that you can blame some of the big shot companies for being
Looking at GOOG, today was a glitch, merely a glitch. Chill out
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From: david.vanwago...@gmail.com
Date: Wed, 1 Oct 2008 08:17:28 -0700 (PDT)
Local: Wed, Oct 1 2008 11:17 am
Subject: Re: GOOG error correction
Thank you 3invest... for your measured response. I respect that in a
functional open market there is an important role for shorts to play, but it seems that the disparity in the "size" of investors at work (ranging from a multitude of individuals to a few very large funds) allows for that playing field to be artificially slanted. While it is true that MMs (and white rappers, and brown chocolate pieces sans wrappers) cannot hold the head of sound companies underwater indefinitely, the stock price is ultimately decided not by company fundamentals but by the price at which a buyer and seller agree to a transaction. Not knowing the details of the glitch, this Google "glitch" may be
But, I'm chill. Knowing this kind of crap is possible is 1/2 the
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From: morganjunkem...@gmail.com
Date: Wed, 1 Oct 2008 09:06:51 -0700 (PDT)
Local: Wed, Oct 1 2008 12:06 pm
Subject: Re: GOOG error correction
Michael Bolton: "I must have, I must have put a decimal point in the
wrong place or something. Sh*t. I always do that. I always mess up some mundane detail." Peter: "This is not some mundane detail, Michael!" You must Sign in before you can post messages.
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From: hrant.kara...@gmail.com
Date: Wed, 1 Oct 2008 09:26:38 -0700 (PDT)
Local: Wed, Oct 1 2008 12:26 pm
Subject: Re: GOOG error correction
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From: jh044...@gmail.com
Date: Wed, 1 Oct 2008 09:53:24 -0700 (PDT)
Local: Wed, Oct 1 2008 12:53 pm
Subject: Re: GOOG error correction
Boy am I slow - just read abt GOOG's error here:
http://timothysykes.com/2008/10/01/wild-google-inc.-goog-stock-price-... You must Sign in before you can post messages.
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| End of messages |
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