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re: Visa getting roughed up today?

Posted on 8/1/13 at 8:11 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 8/1/13 at 8:11 am to
Im gonna bet you don't get that limit filled....do you realize how many companies missed earnings recently and share prices rose or barely fell? It was a good buy at $194 yesterday, $183 today is a steal.

a 10% drop in a company like this was literally a bunch of computer bots triggering sell orders and nothing more thats why it fell to $170 and bounced right back to $180. Remember the flash crash a few months ago when someone tweeted the words bomb and white house together? The computers run the market, its scary having stop losses in place
This post was edited on 8/1/13 at 8:16 am
Posted by Cousin
The Bayou
Member since Feb 2012
5278 posts
Posted on 8/1/13 at 8:19 am to
Yeah I believe u...I put that order in after market close yesterday...prior to all the after market stuff...I'm about to change it now. Good looking out


On a side note, can someone explain the whole concept of after hours? I get that it means once the market closes but why does the after hours share price keep changing (to the right of the actual share price if researching a ticker on yahoo). Is it moving based on orders that have been put in after the market has closed but yet to settle or does options have something to do with it? Any help would be greatly appreciated.
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