A stock trader mistakenly bought $251 million worth of stock...

Discussion in 'Wall St. News' started by JayS, Jun 28, 2005.

  1. i feel safer thinking you carry a gun and wear a uniform. like a rent-a-cop, as it were.
     
    #31     Jun 30, 2005
  2. =======
    May get a promotion perhaps;
    depends on underlying sector, if much of that was in the Taiwan-US semisector may not be much profit on longs at all.

    :cool:

    Perhaps management has a good reason to not program thier computer with the correct buying power??????????????

    And dont think there is a Asian correlation, but i told that lady that cut my hair did you see that world record catfish, they caught in Thailand?????
    Believe it or not,646 pounds.:D
     
    #32     Jun 30, 2005
  3. reactor

    reactor

    back on topic, it happens even at my bank that the trader inputs a deal that is out by a factor of ten or does it the wrong way round. the traders are constantly taking orders and keying them in. they do close to a thousand orders a day. there are going to be mistakes with so many orders.
     
    #33     Jul 16, 2005
  4. #34     Jul 16, 2005
  5. =======================
    Its now been about 20 days or 3 weeks since the incident;
    and even though the semisector looks very extended,
    SPY & housing /others look like quite a strong uptrend.

    Wonder if that female trader is as good with counter trends;
    reguardless of that;
    like a 646 pound Asian record catfish makes some notable waves,
    have seen evidence of long trend followers jump in also.

    :cool:
     
    #35     Jul 16, 2005
  6. LOL wow. Not quite the right year but...
     
    #36     Dec 25, 2011
  7. yeah ,not bad, and took me a while to figure out the time warp here. no wonder the link was bad.
     
    #37     Dec 27, 2011