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Message from discussion Nasdaq's official decision - trades over 425 and under 400 are cancelled
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kco...@gmail.com  
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 More options Sep 30 2008, 5:28 pm
From: kco...@gmail.com
Date: Tue, 30 Sep 2008 14:28:19 -0700 (PDT)
Local: Tues, Sep 30 2008 5:28 pm
Subject: Re: Nasdaq's official decision - trades over 425 and under 400 are cancelled
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The data will officially reflect that goog closed at 400.52 today once
all the invalid trades are cancelled out of the system.

The open tomorrow will price at around the after hours level now of
411-415 (baring any pre-market activity)

Only trades within the last 3 minutes of the trading day, and the
first 2 minutes of after hours are affected by this decision.

kamaljotsdhali...@gmail.com wrote:
> I sold off GOOG at 391.00 during the opening. Should I buy back
> tomorrow at $350 as a real time purchase or would it be corrected
> tomorrow to reflect the after hours trading amount of over $400?? I am
> confused.

> kco...@gmail.com wrote:
> > Pursuant to Rule 11890(b) NASDAQ, on its own motion, has determined to
> > cancel all trades in security Google Inc Cl - A "GOOG" at or above
> > $425.29 and at or below $400.52 that were executed in NASDAQ between
> > 15:57:00 and 16:02:00 ET. In addition, NASDAQ will be adjusting the
> > NASDAQ Official Closing Cross (NOCP)and all trades executed in the
> > cross to $400.52. This decision cannot be appealed. MarketWatch has
> > coordinated this decision to break trades with other UTP Exchanges.
> > NASDAQ will be canceling trades on the participant s behalf.


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