And how did they come to sell or buy a $40 stock for a penny?
-----Original Message----- From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org] On Behalf Of Dennis Claxton Sent: Friday, May 07, 2010 12:13 PM To: lbo-talk at lbo-talk.org; LBO-Talk Subject: Re: [lbo-talk] Penny stocks
At 08:47 AM 5/7/2010, Max Sawicky wrote:
>For at least a moment yesterday, the stock of Accenture -- a $25b
>company -- plunged to a penny a share.
>Now it's back up to $40 or so. Some weirdness going on.
The computers did it:
http://www.foxnews.com/politics/2010/05/07/obama-authorities-investigating-w ild-market-swing/