2008-09-16

Internet Bots: Anatomy of a Stock Selling Frenzy

How United Airlines' stock dropped from $12.50 to $3 per share in the matter of 15 minutes:
http://www.hothardware.com/News/Internet-Bots-Anatomy-of-a-Stock-Selling-Frenzy/Default.aspx

I don't follow airline stocks, but this is amazing. This shows why you need to trade fundamentally and "calm" looking at the long term.

No comments: