'kshen' pid='38531' datel Wrote:whoever sold the shares had to have owned them. Otherwise the SEC short sell breaker would have tripped at -10%. That rules out fat fingering and confusing NQ with an index unless they also own NQ as well
The thought of a brokerage firm trading on the NYSE when they meant to trade on the CME does boggle the mind.
As soon as the selling started I thought of the scene in "A Good Year" where Russell Crowe makes it look so good. Of course in the movies greedy bastard day doesn't get halted and they succeed in buying the shares back lower.
Pretty good movie here's the trailer lab rats.
http://www.youtube.com/watch?v=L4GeA50K8xQ
In the real movie he calls it greedy bastard day not the PG-13 greedy bugger day.