
Tweeter Home Entertainment Group, the consumer wiring tradesmanthat spoken failurein 2007, sawits share cost fill upon Friday interjectionto confused traderswhothoughttheywere shoppingintothe newly announced stock charityfrom Twitter.Of course, Twitter shares aren’tyet accessiblefor openpurchase,butthat didn’t hindrance millionsof exchangeinthe moribund Tweeter stock,which trades underneaththe initialism TWTRQ, tightenbutnotthe sameas Twitter’s arriving TWTR ticker. Tradingin Tweeter shareswas halted on fulfilmentofthe mass confusion, yetnot prior tothe cost reached the tallof fifteen timesits standard gratefulnessof the singular cent.
Moneyfor nothing, literally
Perhapsmost grossaboutthis complete partisthe fact,as notedbyCNN Money,thatthe minute Qis appendedtothe batch pitchof the association concernedin failure record—andthere’s the obviously worded SEC noticeaboutthat actuality—soallthe traders concerned unequivocallyand indeedshouldhave well known better. Still,wecan’tthinkofany improved real-world phenomenonofthe Twitter destroy whale striking above.
Source : http://www.theverge.com/2013/10/5/4805010/twitter-ipo-filing-prompts-mistaken-buying-rush-of-worthless-twtrq
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