Maybe this is why NASDAQ went down for three hours yesterday. Rumors of this were circulating and the market was pulled offline to prevent a programmed trading flash crash, or there were some high-end investors that had Microsoft shorted that would have taken a bath today. The markets are effectively unregulated so we will never know for sure. The SEC won't dig into what happened in anymore than a cosmetic way, so I would be very nervous if I were a NASDAQ investor, for pulling the plug on a Market without a complete explanation is not an indication it is "free."
Read the Article at HuffingtonPost
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