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Google Inc. |
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.
> 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.)