Google's Out-of-This-World Stock Drop a Fluke

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I LOVE THIS HOMEPAGE IT IS THE BESTIE FRIEND IN THE WORLD I LOVE YOU GUYS

bobb of MN 2:01PM October 07, 2008

you guys are cool

bob of NV 2:00PM October 07, 2008

I once placed a trade at "market". I knew the stock was going to shoot up.

The stock shot up.I had a few thousand dollars in my account. A trade went thru somehow -- I purchased about $56,000 in shares !!

When I realized what had happened -- the stock had dropped and I had lost substantial money -- I contacted Ameritrade to alert that somehow these shares were purchased, not when I placed the order, with the funds I had -- but late --after the stock rose with funds I did not have.I got no relief or assistance.

I was not as upset about not earning $50 K --I was afraid of the $8k I now owed Ameritrade.

I thought -- how do "I" fix this --so I short sold the shares as

the stock dropped.

Beware of market.

Rob of OR 2:46PM October 03, 2008

Google is google....it will envitably bounce back....look at now as just a good time to buy :-)

all knowing of CA 11:56AM October 02, 2008

this is all very upsetting

smart aliec of NY 6:31PM October 01, 2008

it is rigged

of 5:32PM October 01, 2008

Many people trade stocks at market price. The price of a stock may be flat whole day and some one decides to sell or buy at market price. Suddenly, price swings like GOOG happens (that even may not be erroneous) and the order gets excecuted at rediculously differnet price than expected. So, one shouldn't trade at market price? Or brockerage houses should offer new means to trade at market price within some range?

Manhar L. Shah of FL 11:51AM October 01, 2008

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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