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RR Donnely Fat Finger sends $GOOG shares down

Discussion in 'The OT' started by trdrjeff, Oct 18, 2012.

  1. trdrjeff

    trdrjeff Icon

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    Dec 3, 2007
    "Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorization. We have ceased trading on NASDAQ while we work to finalize the document. Once it's finalized we will release our earnings, resume trading on NASDAQ and hold our earnings call as normal at 1:30 PM PT.

    Shares down and trading halted:
    687.30 -68.19‎ (-9.03%‎)
     
  2. jimmie57

    jimmie57 Hall Of Fame

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    Jun 26, 2010
    Texas City, TX
    Took the whole market down with it.
     
  3. paulman182

    paulman182 Hall Of Fame

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    Aug 4, 2006
    Illustrates how stupid a system the stock market is.
     
  4. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Winters,...
    Really??

    What system would you propose to replace it?
     
  5. jerry downing

    jerry downing Godfather

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    Illinois
    I saw this on a plaque somewhere. "To err is human, to really screw up, you need a computer." This seems to fit here.
     

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