Reply #7: It was rather obviously an error. [View All]

[gcomeau]

That kind of thing simply doesn't happen in a legitimate trading environment. You simply do not go from 30+ dollars to one penny in a single transaction on no news. Even companies that make public declarations of bankjruptcy don;t see plunges like that. An investigation is guaranteed to be underway.

I'm beginning to get a little suspicious of a cyber-attack... the combination of nobody in the exchanges saying they're able to find evidence of a bad trade, with the fact that this all just happened to occur almost immediately after 2:30pm when the market curcuit breaker trip levels are relaxed doesn't smell right.