121–130 of 319 posts
Trading in Zynga halted due to 13% drop and a circuit breaker tripped.
This is a very serious warning sign, FB IPO didn't take off as some people expected. This is going to be a very important day to the valley. http://www.businessinsider.com/zynga-shares-crushed-and-halt...
The share price is dropping. So far very exciting 20 minutes. The stock price is fluctuating up and down. It went to $40 its now back to where it started. Things volatile at this moment.
Disclaimer: Bought some fb.
This is like a NASCAR race, many (most?) of us watching secretly hope for a spectacular crash. It's wrong, but the potential of schadenfreude is very tempting.
If that's a failure then I hope one day to fail that badly.
The share price is dropping. So far very exciting 20 minutes. The stock price is fluctuating up and down. It went to $40 its now back to where it started. Things volatile at this moment.
if google finance' trading volume is accurate, it's pretty crazy right now: Vol / Avg. of 119.31M shares after 20 minutes (out of 421,233,615 shares)!
These fictitious people in the zoo had a big board supposedly showing stock market quotations and comodity prices along one wall of their habitat, and a news ticker, and a telephone that was supposedly connected to a brokerage on Earth. The creatures on Zircon-212 told their captives that they had invested a million dollars for them back on Earth, and that it was up to the captives to manage it so that they would be fabulously wealthy when they were returned to Earth.
The telephone and the big board and the ticker were all fakes, of course. They were simply stimulants to make the Earthlings perform vividly for the crowds at the zoo--to make them jump up and down and cheer, or gloat, or sulk, or tear their hair, to be scared shitless or to feel as contented as babies in their mothers' arms.
The Earthlings did very well on paper. That was part of the rigging, of course. And religion got mixed up in it, too. The news ticker reminded them that the President of the United States had declared National Prayer Week, and that everybody should pray. The Earthlings had had a bad week on the market before that. They had lost a small fortune in olive oil futures. So they gave praying a whirl.
It worked. Olive oil went up.
-Kurt Vonnegut, Slaughterhouse 5