No. of Recommendations: 2
(P&G) stock price didn't budge all that much,

---

That's cute.

In March of 2000, PG dropped from about 90 to about 60 in one day based on one earnings warning. Biggest drop of a blue chip stock I've ever personally absorbed. It recovered, but it took years.

Ten years later, last May, a "flash crash" caused a downward spike in PG's price, which triggered a lot of panic sells, or stop loss orders. The price very quickly recovered, but the automatic sells clobbered a lot of investors.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.