crazy GOOG trade eod, someone was owned

bad....

 

What happened? Why such a huge swing?

 

more sellers than buyers

 

Someone must have fat-fingered a buy order at 3:57 and then bailed when they saw their mistake. Only explanation I can think of.

 

http://www.businessweek.com/technol...han=top+news_top+news+index+-+temp_technology

 

The GOOG Yahoo board has lots of theories.

http://messages.finance.yahoo.com/mb/GOOG

 

GOOGLE
(NasdaqGS: GOOG)

After Hours: 408.02 Up 66.59 (19.50%)4:18PM EThelp
Last Trade: 341.43
Trade Time: 4:00PM ET
Change: Down 39.57 (10.39%)
Prev Close: 381.00
Open: 395.98
Bid: 408.00 x 1000
Ask: 408.90 x 200
1y Target Est: 620.48
Day's Range: 0.01 - 489.36
52wk Range: 380.71 - 747.24
Volume: 11,810,988
Avg Vol (3m): 4,807,160
Market Cap: 107.36B
P/E (ttm): 22.43
EPS (ttm): 15.22
Div & Yield: N/A (N/A)

 

i have 28,000 from ave 355 long, i assume they will break, but fun to look at open p and l

 

Looks like Nasdaq will be cancelling orders after 3:57. What's up with all these bailouts of people who made their own mistakes?

 

sure you must have felt great being down over 4 mill. Where's your stop at 100?