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Thursday Afternoon Music: Elvis Costello, 'Monkey to Man'

132
Nimed5/06/2010 4:25:06 pm PDT

re: #122 reine.de.tout

No. Is there good news? Mine recovered by about 5% by the end of the afternoon.

Yes, the crash may have been at least partly due to a screw-up.

There were reports that the sudden drop was caused by a trader who mistyped an order to sell a large block of stock. The drop in that stock’s price was enough to trigger “sell” orders across the market.

To the extend that this caused the crash, your stock will probably recover in the next few days.