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Message from discussion GOOGLE PRICE ERROR
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moo...@gmail.com  
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 More options Sep 30 2008, 4:29 pm
From: moo...@gmail.com
Date: Tue, 30 Sep 2008 13:29:05 -0700 (PDT)
Local: Tues, Sep 30 2008 4:29 pm
Subject: Re: GOOGLE PRICE ERROR
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That is blatantly untrue. You can see reports of trades at inaccurate
prices, but they did not take place. There was *no unusual activity* -
this was*purely* a data error.

In fact, if you are smart, you will take advantage of the temporary
price drop in after hours caused by the confusion. I suspect the stock
will end the AH session in the mid teens, back to around its (real)
high for the day. Mark my words.

sgani...@gmail.com wrote:
> no some one did sell 320.00 and lots of selling under 400.00 go to
> nasdaq.com

> moo...@gmail.com wrote:
> > Guys,

> > Calm down. This was purely a data error where old data was mixed in
> > with new. There were no unusual trades, even at the close. Take a look
> > at both highs and lows as well as the options and you'll see that it
> > was prevalent for all Google-related securities. It happens sometimes,
> > and there are rules in place to deal with it. All brokers and data
> > feeds sourcing from the Nasdaq will show this error, and any incorrect
> > ticker prices or trade prices will be corrected when the bad data is
> > removed.

> > Google is down a bit in after hours only because of people
> > misunderstanding the data-related drop. It will move back up as soon
> > as this fear goes away, and we will almost certainly see the mid-400s
> > tomorrow, much higher in a couple of weeks when they report (Google's
> > earnings have been stellar even through the economic downturn because
> > they actually benefit from slowdowns as resources are shifted to the
> > most efficient forms of marketing.)


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