Nasdaq to cancel trades

[Ponce]

This is all that was posted.........maybe someone else can find something else?
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Nasdaq to cancel trades

NEW YORK (Reuters) – Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. showing a rise or fall of more than 60 percent from the last trade in that security at 2:40 p.m or immediately prior.

Nasdaq said the stocks affected and break points will be disseminated soon.

[Grand Master Melon]

Here's the list:

http://media.globenewswire.com/cache/6948/file/8211.htm

[Ponce]

Juses H Ponce..................looks to me like everyone won the lottery.

[1970 Silver Art]

Juses H Ponce..................looks to me like everyone won the lottery.


Yeah. Everyone except me won the lottery. Oh well............ :'(

[cigarlover]

Dont forget there were buyers on the other side of those trades so someone got some real cheap stock and made a boatload in a matter of hours and now its going to be cancelled?

[mick silver]

i would just like to know the big man was that had all the stocks that made this all start to day ... someone had to be selling and they have big pockets and wanting out the way it look to me

[Ares]

See Nasdaq can be just like servpro

"Like it never even happened"

[Horn]

Do we have a picture of all the smiles at closing bell today? ;)

[cigarlover]

The original story was that Citigroup was the seller. Even if the story was true that they hit a b instead of an m then they were still going to sell 65 million worth of that company today.

[1970 Silver Art]

Do we have a picture of all the smiles at closing bell today? ;)


I do not think that there is a picture that is big enough get all of the smiles at the closing bell today. Yeah there were "winners" today just like there were "losers" today and there were people (like me) that sat "on the sidelines" eating popcorn and watching the fireworks on Wall Street.

[mick silver]

all i have is a 401 still in the game ... but i did make a big bet on ford when there stock drop to around 1 buck . once it went to around 10 bucks unloaded that too

[1970 Silver Art]

all i have is a 401 still in the game ... but i did make a big bet on ford when there stock drop to around 1 buck . once it went to around 10 bucks unloaded that too


Yeah I have a 401-K too mick but 92% of it is in a stable value fund. The other 8% is in the S&P 500 index fund. If the S&P 500 went to zero tomorrow, then it will not be a big deal to me because it will not put a big dent in my 401-K balance. I am not not worried about the stock market putting a dent in my 401-K plan. The much bigger concern is if/when the gov't puts a "dent" into my 401-K plan (i.e. confiscation).

I am sure that the cancellation of the Nasdaq trades will have some effect on stock mutual funds that are held in 401-K plans as well. I guess that the gold and silver markets are not the only rigged game in town.