with Oli | Strategies


The (misused) power of the internet … here UAL

Today a 2nd tier newspaper had all of a sudden a six-year-old(!!!) story back on its website …

About UAL going bankrupt (in 2002) …

Bloomberg … how responsible … picked it up … it lit up on the screens and stock TANKED close to 76% before being halted … WOW

As it was an old story, UAL recovered … but anyway … CRUEL!!!

So … always take care what news you trade on …

This is why a sophisticated market like the GERMAN ONE … does have volatility interruptions ;)

WAKE UP NEW YORK :D

Tags: ,

Leave a Reply