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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Zeke who wrote (55768)12/22/1999 12:01:00 PM
From: TigerPaw  Respond to of 152472
 
How would a spike like that be generated?
I don't know exactly it's not my kind of game. But if you look back on the day QCOM was fighting for $400 there was another spike (I think a trade at $200) It was cancelled a few hours later.

I suppose it takes the cooperation of a market maker and a couple traders willing to exchange a couple of shares. It will no doubt be explained as a keyboard error, but it is an error that zeros in on the volitile days where the price swings a lot (I would expect simple errors to correlate with volume, not price swing).
TP