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Berkshire Hathaway Down 99.5%
- chovybizzass 5y agonot seeing this on think or swim.
- weinzierl 5y agoIt is not really down (obviously) but its price overflowed the range for a 32 bit unsigned integer and so, from what I understand, at least some software has apparently problems to display the price properly.
- evilotto 5y agoYes, various other stories about it. I find it amusing that some finance sites like Yahoo Finance and ETrade (those are the only ones I checked) are correctly displaying the price at 431998 or thereabouts, and some are not. Different APIs in use by the different sites? Or are they special casing all stocks with a share price above 400k? (yeah, there's only one)
- betterunix2 5y agoI am going to guess that a few weeks back there was a scramble at various brokerages to ensure that they do not allow people to buy BRK.A at an absurdly low price, and it is all a huge mess while they wait on NASDAQ to correct the error.
- Consultant32452 5y agoThe important question is can I buy it at 99.5% off?
- subpixel 5y agoLuckily there's no BUY NOW button on that page.
- ohhnoodont 5y agoSomeone even suggested a $1 limit in the thread discussing the potential overflow - https://news.ycombinator.com/item?id=27045382 https://news.ycombinator.com/item?id=27045382 I'm still surprised this actually happened.
- hu3 5y agoFor posterity this is how Google reports the price right now, -99.36%: https://i.imgur.com/7ApHJ3p.png https://i.imgur.com/7ApHJ3p.png
- Tostino 5y agoHeh thanks for this. Always interesting when looking back at old threads and half of the required context is just gone.
- klyrs 5y agoHilarious. I wonder how many bots have tried to take the bait
- jandrese 5y agoIt wouldn't matter would it? The bot makes a whole lot of $1 bids and finds no sellers, life carries on. For bots that might want to sell the stock this would likely be a large enough jump to trip a circuit breaker. But really this was a display bug. It's possible some bot is still using 32 bit unsigned ints internally, but it would have to be pretty badly designed since this issue has been obvious and a long time coming.
- klyrs 5y agoBot behavior under improbable scenarios is a function of its author's paranoia. I'm sure you're right about the vast majority of bots, but I'll be much more amused than surprised if it happens
- nrmitchi 5y agoif $PRICE < 20% of $LAST_PRICE: # flash crash, don't be picky, time to make money!! submit_market_order() Edit: Fixed formatting
- klyrs 5y agoIndent everything you want code-formatted. Lose the backticks, they're just noise
- nrmitchi 5y agoTIL. Thanks!
- weird-eye-issue 5y agoYeah I can see nothing wrong with this except for stock splits, dividends, etc.
- deleted 5y ago[deleted]
- khazhoux 5y agoWhat's the best advice here... sell, buy, or divide by zero?
- dane-pgp 5y agoI'd try Right Shift first.
- deleted 5y ago[deleted]
- techbio 5y agoHODL
- dang 5y agoBerkshire Hathaway’s stock price is too high for Nasdaq computers - https://news.ycombinator.com/item?id=27044044 https://news.ycombinator.com/item?id=27044044 - May 2021 (274 comments) Berkshire Hathaway’s Stock Price vs. 32-Bit Integers - https://news.ycombinator.com/item?id=27065853 https://news.ycombinator.com/item?id=27065853 - May 2021 (69 comments)