Thursday 16 October 2008

Giving you the Viennese finger

This is the intra-day chart for Erste Bank, the biggest bank in Austria. Somebody bought a share for 3,709,279,716,994,000,000 euros. And then a couple of hours later, somebody sold a share for nothing – just gave it away.

 

Now this could be some new-fangled trading strategy that I’ve not come across before. Alternatively, the Austrians couldn’t be bothered to go into work and let a bunch of cats do their trading for them today.

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