Slow work day..
I genuinely don't understand how these things happen but I felt a need to share this.
Closed Thurs at less then a penny, hit a high of 15 cents on the Friday!
http://www.reuters.com/article/2013/10/04/us-tweeterhome-twitter-mixup-…
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I'm sure there were sharks out there that bought up a ton of the wrong name just hoping this sort of thing would happen it would have been a good bet to drop 20k on that. Hell even if you didn't make any real money its not like you could loose any more value in your bet.
I guarantee you there was nobody who actually thought it was Twitter. The traders probably only thought investors would be that stupid, and when their friends heard about it, everybody started buying it. Doesn't matter either way, but I'm pretty pissed I'm hearing about this after the fact.
Twitter IPO and Tweeter (Originally Posted: 11/07/2013)
Anyone heard about how Tweeter was mistaken for Twitter during Twitter's IPO announcement?
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