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Author Topic: UAL Bankrupcy false report  (Read 1753 times)

Offline Mikeoracle

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UAL Bankrupcy false report
« on: September 08, 2008, 03:18:02 PM »
There was an old news report from 2002 that was by mistake re-released today saying United Airlines declared bankruptcy, the stock went from $11 to .01 !!! they halted trading and once the error was cleared up they restarted trading and it bounced back up to $11 range. the trading volume during this move was in the 10's of millions!! alot of people must have lost their pants and some made a killing within an hour! crazy ;D ::) ;D
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Offline AsherO

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Re: UAL Bankrupcy false report
« Reply #1 on: September 08, 2008, 06:18:46 PM »
Quote from: Mikeoracle on September 08, 2008, 03:18:02 PM
There was an old news report from 2002 that was by mistake re-released today saying United Airlines declared bankruptcy, the stock went from $11 to .01 !!! they halted trading and once the error was cleared up they restarted trading and it bounced back up to $11 range. the trading volume during this move was in the 10's of millions!! alot of people must have lost their pants and some made a killing within an hour! crazy ;D ::) ;D

Have you seen the chart?

 ???
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Offline Mikeoracle

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Re: UAL Bankrupcy false report
« Reply #2 on: September 08, 2008, 08:25:49 PM »
Yea- Nastiest chart I have seen in a long time! I wonder if trades will be reversed.
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Offline Mikeoracle

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Re: UAL Bankrupcy false report
« Reply #3 on: September 09, 2008, 04:25:38 PM »
The Nasdaq announced that the trades will not be reversed. ouch
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