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If some body had a stop loss at $250 and a buy at $200, they could have made a killing yesterday...
1 posted on 05/07/2010 5:28:51 PM PDT by Swordmaker
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To: ~Kim4VRWC's~; 1234; 50mm; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; Aliska; ...
Apple was also impacted by whatever hit the market yesterday... but bounced back. I would have been upset if I had had my stop loss and buy backs cancelled... PING!


Apple Stock bungee jump thrill ride Ping!

If you want on or off the Mac Ping List, Freepmail me.

2 posted on 05/07/2010 5:31:39 PM PDT by Swordmaker (Remember, the proper pronunciation of IE isAAAAIIIIIEEEEEEE!)
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To: Swordmaker
If some body had a stop loss at $250 and a buy at $200, they could have made a killing yesterday...

There was no bid for a short time, so their $250 stop would have been executed at $199. The stop only gets executed at the stated value if they have bids. A lot of people got taken out by this for big losses yesterday.

3 posted on 05/07/2010 5:32:22 PM PDT by Mr. Jeeves ( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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To: Swordmaker
I'm only a casual investor, small stuff .. but EVERY stock that I own took a dive today at around 10:30am before leveling off and closing even lower than yesterday.

Wondering if anyone else had the same thing happen today?

5 posted on 05/07/2010 5:44:46 PM PDT by Mr_Moonlight
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To: Swordmaker
You were saying ...

"According to multiple sources, a trader entered a 'b' for billion instead of an 'm' for million in a trade possibly involving Procter & Gamble, a component in the Dow," CNBC reports. "(CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff.)"

That's an error that is one thousand times greater than the number that it was supposed to be. I bet that made a big difference ... :-) ... and just from one little letter of the alphabet... hoo-boy!

6 posted on 05/07/2010 5:53:24 PM PDT by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Swordmaker

Apple who?


7 posted on 05/07/2010 6:09:38 PM PDT by scoobysnak71 (Let me see your GRILL!)
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