What happened with INTC??

Discussion in 'Trading' started by EricP, May 12, 2005.

  1. Dustin

    Dustin

    30k is a nibble huh? Nice.
     
    #11     May 12, 2005
  2. Who cares why INTC dropped, nothing you can do about it.
     
    #12     May 12, 2005
  3. EricP

    EricP

    It doesn't matter now, no. However, at the time, it was very important to know whether there was any real 'news' that caused the drop, or whether it was just an order entry error instead. My reaction to the price movement would have been very different if there was breaking news of a huge explosion at an INTC chip plant, for example.

    -Eric
     
    #13     May 12, 2005
  4. EricP

    EricP

    Well, it's been over two hours since the INTC spike down. It looks like the trades will stand and not be broken, IMO. The poor sap that entered the sell order for 1MM shares by accident, instead of 10k shares (as intended) will have learned a $500,000 lesson. Ouch, talk about a bad day!

    -Eric
     
    #14     May 12, 2005
  5. hefty1

    hefty1

    Eqttrdr, that chart you posted... what on earth?
     
    #16     May 12, 2005
  6. just a chart I came across...

    no clue what the heck this is..

    just thought it was a funny piece of work
     
    #17     May 12, 2005
  7. qazmax

    qazmax

    I heard it was Heard...
    (HEARD TRADING, LLC )

    Trades stand.

    :)
     
    #18     May 12, 2005
  8. ETF

    ETF

    It was actually a trader from Merryl Lynch. Poor guy.
     
    #19     May 13, 2005