4 ms·

First trade at 11:30:09 CST 2000 Shares at $42.05 (SELL)

by blantonl 14y ago

alexchamberlain 14y ago
It's falling fast... $40 atm. Edit: $40 seems to be a barrier (not a surprise). It will take a little while for all the limit orders to be satisfied there.
- deleted 14y ago
  [deleted]
- mootothemax 14y ago
  Seems like a few trading sites are having issues with high traffic levels - not sure if that'd cause an increase OR a decrease :)
  - alexchamberlain 14y ago
    It sounds like NASDAQ were having traffic issues. Be interesting to hear the excuse.
    - adoyle 14y ago
      I just got this on Fidelity: Attention: FB order execution slowness Certain marketplaces are experiencing slowness resulting in delays in execution for Facebook orders. Industry technology teams outside of Fidelity are working to correct the problem. This slowness is being experienced by other online brokers as well, not just Fidelity. This has been reported as a market-wide issue. We do not yet know when the problem will be resolved. We appreciate your patience.
    - alecco 14y ago
      The market's full of morons today. http://blogs.wsj.com/marketbeat/2012/05/18/crazy-but-true-a-4000-facebook-limit-order/?mod=e2tw http://blogs.wsj.com/marketbeat/2012/05/18/crazy-but-true-a-...
      - mertd 14y ago
        That looks like a fat finger typo: $4000 instead of $40.00
- _delirium 14y ago
  Then back down to $38 for a bit, then back up to $40 for a bit. Oddly step-like price graph, with steps on the even numbers. I guess I have no idea how trading in this kind of opening works to hazard a guess.
  - mynameishere 14y ago
    JP Morgan or whoever was buying hard at 40, and they did the same at 38. The behavior is very clear, and if it gets to 38 again I might gamble on it... ...not that we need another zerohedge link, but this makes it obvious http://www.zerohedge.com/news/facebook-ardennes-spot-syndicate-stick-save http://www.zerohedge.com/news/facebook-ardennes-spot-syndica...

4 ms·

First trade at 11:30:09 CST 2000 Shares at $42.05 (SELL)

by blantonl 14y ago

First trade at 11:30:09 CST 2000 Shares at $42.05 (SELL)

alexchamberlain 14y ago
It's falling fast... $40 atm. Edit: $40 seems to be a barrier (not a surprise). It will take a little while for all the limit orders to be satisfied there.
- deleted 14y ago
  [deleted]
- mootothemax 14y ago
  Seems like a few trading sites are having issues with high traffic levels - not sure if that'd cause an increase OR a decrease :)
  - alexchamberlain 14y ago
    It sounds like NASDAQ were having traffic issues. Be interesting to hear the excuse.
    - adoyle 14y ago
      I just got this on Fidelity: Attention: FB order execution slowness Certain marketplaces are experiencing slowness resulting in delays in execution for Facebook orders. Industry technology teams outside of Fidelity are working to correct the problem. This slowness is being experienced by other online brokers as well, not just Fidelity. This has been reported as a market-wide issue. We do not yet know when the problem will be resolved. We appreciate your patience.
    - alecco 14y ago
      The market's full of morons today. http://blogs.wsj.com/marketbeat/2012/05/18/crazy-but-true-a-4000-facebook-limit-order/?mod=e2tw http://blogs.wsj.com/marketbeat/2012/05/18/crazy-but-true-a-...
      - mertd 14y ago
        That looks like a fat finger typo: $4000 instead of $40.00
- _delirium 14y ago
  Then back down to $38 for a bit, then back up to $40 for a bit. Oddly step-like price graph, with steps on the even numbers. I guess I have no idea how trading in this kind of opening works to hazard a guess.
  - mynameishere 14y ago
    JP Morgan or whoever was buying hard at 40, and they did the same at 38. The behavior is very clear, and if it gets to 38 again I might gamble on it... ...not that we need another zerohedge link, but this makes it obvious http://www.zerohedge.com/news/facebook-ardennes-spot-syndicate-stick-save http://www.zerohedge.com/news/facebook-ardennes-spot-syndica...