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binary solo on 06 May 2010
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gurglesletch said:
binary solo said:
Just want to point out that some of the Dow melt down was because of a computer glitch. Apparently Proctor and Gamble's share price suddenly got cut in half for no apparent reason and then the market tumbled in typical herd-like / reef fish fashion.

Some Accounting firm went from 40$ down to 1 cent for a few seconds. That was much worse thanw hat happened to P&G

1c!! What a bargain.

I only heard about P&G on the news, no others were mentioned. It's logical to expect a computer glitch is gonna affect more than one random company's share price. Probably every share that was traded in a specific brief time period got hit.



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