By technical error they mean someone did something stupid
Trial run for individual accounts (savings, IRAs, ...)
Shoulda bought.
Reminds of the casinos that don’t pay out the jackpot because, you know, a glitch.
Were purchases made at the reduced price allowed to go through?
Is Fat Finger back?
I have a Liberal former friend (he became enraged when I called him out on the election theft where he used a Soros “fact check” site to prove the election wasn’t stolen. He worships György Schwartz.)
He thinks he is a financial genius because he put all his money into Warren Buffett’s slush fund.
Warren is going to pull the rug out from under him one of these fine days.
wonder if someone was able to buy at the artificial price.
We will never know what happened….nefarious comes to mind? ….a trial run perhaps?
I do believe the world’s financial system is going to find out the negatives of electronic shares, high frequency trading, stocks “ owned” in Street name ( no , you do not own them, your brokerage is the owner, you are beneficiary)…the next “ event” will bring everything into the light.
Turn the machines back on!
Warren Buffet, who is a crook, could have blown a gasket.
Dang, I missed my chance to buy BRK.B for like $4 a share!!!??
The worst thing is to put in a “sell at market” order, and get caught in the “technical” glitch. Good luck unscrewing that.
Yeah, the stock GOLD literally dropped to .25!!! Then, it shot right back up to $17+. Wonder which Congress member got paid?
It was several stocks on the NYSE that were affected. For instance, Barrick Gold (GOLD) was down 95% to .25 from 17.15. It certainly freaked me out for a few minutes.
The “technical issue” is that the update to the program that illegally moves the price to allow insiders to trade had too few decimal points in the line of code.
I’ve always wondered how much it will drop when William Buffett passes away. Yeah, there are others running the company these days, but it’s still closely tied to his name and investment instincts. Same with Elon and TSLA...always a risk investing in companies tightly associated with an individual.