Re:Trading halted as U.S. stocks plummet
by lm28469 on Monday March 09, 2020 @01:35PM
(#22527487)
This, it's not 1940 anymore, the average Joe can setup an investment account in 5 min on his phone and heard his buddies talking about "buying the dips is a foolproof way to become a millionaire".
[ Parent
| on HN ]
As an example I saw a lot of discussion about buying the drop of Boeing stock, about 1 month after the 737-max were grounded, expecting things to be back to normal and a quick rebound. People who bought it at 370 now have stock with about 230/share... And still dropping.