Has this ever happened before, outside of the 2008 crash?
sunw, dell, amzn, cmg, worldcom, global crossing, cmgi, sndk, mu...need I go on???
Thecramerflipflop....does any of the companies mentioned had $137B cash when they dropped 45%?
Did u see such when MSFT was sell computers in the 90's?
Wait. Those companies had major debt. Really, it is not the same. I am talking apples to apples here. Help me out here. Worldcom (debt), Global crossing (fraud), Amazon (no earnings).
CROX anyone? That thing went from $70 to 70 cents.
Wallstreet is bank owned and operated, we (retail) are the prey.
Ah...I barely remember that. However, not really the same...they had a customer backlash.
Anybody that bought a phone maker for 700 or even 6 or 5 hundred/share..or even 400 is getting what their greedy little hands deserved.
even BAC had a bid in 2009
A bid? What do you mean?