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United Airlines Stock Drops 99.92%
Trading halted. Stock goes from $12.30 to $0.01. Rumors of bankruptcy surfaced on a website. United says the rumors are false.
http://finance.yahoo.com/q?d=t&s=UAUA |
looks like it was bloombeg that reported the bankruptcy rumor and they are getting hit with traffic. Won't open here. www.bloomberg.com
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Damn, someone is getting fired.
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... lolz
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time to buy some penny stocks?? lol
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i bet the ppl that bought the stock at .01 are laffing their asses off at 8.3
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WG |
Wow, wish I could have gotten $100 worth at .01cent.
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OMG!
this thing is bad! PS: I'm in for 10,000 stocks at that price ... They can't be worth less than that :) |
wonder how many got it at that bargain pricing
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What kind of a dumbass would sell that cheap? Congrats to anyone that turned 100,000.00 into 100.00 based on rumors ... you shouldn't be in the stock market anyway.
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Those in the know have become instant billionaires here (and others have become instant street bums).
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holy shit, their stock goes down faster the any plane
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buying tens of thousands of shares some people are gonna make a shit load of money today i can not imagine how happy those with put options are jesus im jealous |
If you managed to pick up $1000 at $0.01
Youd now be sitting on $800k Not bad for a few hours work. |
Someone is jumping through the skies as it is ...
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Instant billionaires is of course an exaggeration, with 27 million shares being traded, but one gets the point.
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jesus how did we miss that??
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fuck, 500$ then is 40k now :(
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I wonder if my pops got in on that he's up at 5am every day...
The stock market is based on fear and rumors.. it's a fucking dangerous place.. http://finance.yahoo.com/q?s=UAUA It's still fluctuating quite a bit.. |
Damn it happened at like 11am.. anyone who was watching the market could have easily made a killing..
fuck.. why didn't I wake up earlier today.. free money. |
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(Yes, over half a million dollars) I correct my earlier, $1000 of shares at $0.01 = 1,100,000 (assuming current $11 share price) |
Someone from the Florida Sun Sentinel either made a lot of money and is going to go to jail for it or they fucked up and are getting fired. Either way bad day for someone.
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damn this is fucking crazy now imagine someone had a limit order and it got sold.. that would suck
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http://www.forbes.com/2008/09/08/ual...rtner=yahootix
Sweet money for anyone outside the USA :1orglaugh |
I am happy to say, I am a proud owner of UAUA stock.
:winkwink: |
And no, I didnt buy it at a penny.
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I am heading out of Country tonight. Ill be in China.
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So they can add it to the store card and give free airmiles. |
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Anyway, whats to stop anyone putting shit loads of indefinite limit orders to buy stock at $0.01 on just about everything listed? Sure its not gonna happen but if it does, youre made.
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Sun Sentinel says they did not put the story up even though it was on their website. I wonder if someone hacked their site and put the story on and made mad $$$$$$$. It was a 6 yr old story from the Chicago Tribune. Both papers are owned by the same company I believe.
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I wonder who is going to get fired.
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Market Makers probably just dropped the bid to create panic and raped a few investors. I seriously doubt anybody else other than the market makers made any money on this. They probably kept the ask up high to help prevent others from buying.
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amazing pick up for anyone that caught it... so it was some old news story that resurfaced as new... hmmm, some insider news site job hehe - congrats to all the winners.
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