Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
According to Bloomberg the almost 1,000 point fluctuation seen today was the largest one-day point loss in a single day. As we know it recovered to being "only" down around 350, but still, how can an error really cause that? They blame a typo on a Proctor and Gamble order, but that doesn't explain the 8 stocks that went to one penny or zero.
What do you think... glitch or was there extremely sophisticated hacking/manipulation going on?
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