BATS IPO crash

http://www.thestreet.com/story/11468126/1/bats-global-flash-crashes-on-ipo.html

Anybody see that happen? First I've heard about it, but wasn't watching.

 

What a joke!

http://www.zerohedge.com/news/skynet-now-cannibailizing-itself-bats-ipo-flash-crashes

http://www.bloomberg.com/news/2012-...-triggers-circuit-breaker-stock-rebounds.html

 

I like the part of the article that says "We note that there were some trades executed at $0.00!"

Then when you look at the comments section some guy says "glad i sold my shares at 0.00 before they went negative"

 

OMIGOSH - BATS actually caused this imbalance....this just from CNBC.

This is likely due to their POOR QUALITY SOFTWARE from cheap INDIAN OUTSOURCING.

What a story !!! They have now PAID THE PRICE. BATS is dead...who could trust them ???

Mariott Corporation did the same thing with a similar disasterous outcome:
http://www.thedenverchannel.com/news/30113287/detail.html

Everyone loves software outsourcing, but BOTTOMLINE:
The quality really, REALLY SUCKS !

 

yeah i had to use EDGX today

 

I'll be sure not to make these mistakes when my stock exchange opens.

Basically BATS is in Beta.

 

http://www.businessweek.com/articles/2012-03-23/bats-all-folks-the-epic-fail-of-the-worst-ipo-ever

 

This story has to be a lie.

Mary Schapiro fixed everything after the last Flash Crash.

 

Why don't you throw in a trip to Jupiter and finding a cure for cancer while you're at it.

 

It went batshit!!