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Microcap & Penny Stocks : Rat dog micro-cap picks...

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From: joseffy	10/1/2008 1:39:31 PM
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Nasdaq cancels late Google trades AFP: Oct 1 2008 breitbart.com The Nasdaq stock exchange cancelled late trades in Google from Tuesday after what it described as "erroneous orders" sent the share price of the Internet search giant sharply lower. In a brief statement, the Nasdaq OMX Group Inc. said it had cancelled all trades in Google "at or above 425.29 dollars and at or below 400.52 dollars" executed between 3:57 pm and 4:02 pm. "The cancelled trades were triggered by erroneous orders that were routed to Nasdaq from another market center," the statement said. It did not identify the other market but said the decision cannot be appealed. Google fell sharply just before the market closed on Tuesday for reasons that were not immediately clear. The tech-heavy Nasdaq set Google's closing share price for Tuesday at 400.52 dollars, an eventual gain of more than five percent on the day. Google was trading at 411.80 dollars on Wednesday at 10:00 am (1400 GMT), up 2.82 percent.

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