Last minutes of TASE's trading week and somebody is dumping shares. Prices collapsed instantly. What has happened? 8% down - in one minute!
I also painted myself into a corner in a project. A year ago I designed pollution control devices for a factory, I invited contractors and awarded contract, the project was stopped by the owner. The factory operated a full year in contravention of the environmental laws. I was supposed to keep talking to the authorities but the owner owes me money and did nothing. Now they decided to close down the place in 15 days if he continues polluting. They contracted a super-expert for ten times what I was about to make (because they are much alarmed and he was recommended by the other side's attorney) and I am supposed to collaborate - assist him. I played my cards very poorly.
Ñácate! is a meaningless Argentine vulgarism.
4 comments:
This looks like some kind of program trading thing.
K
That's new in these parts.
I'm sure if an opportunity exists to make money this way, someone will seize it. In the US, the markets are basically robot wars at this point. An unexploited market is nirvana for program traders.
K
TASE is the less unexploited market of all. I presume someone needed money to pay end of month debt or salaries and was forced to sell the goodies.
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