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Home > With Twitter Set To Break Over $40, Banks Tell Employees To Slow Down With Clogging Orders

With Twitter Set To Break Over $40, Banks Tell Employees To Slow Down With Clogging Orders

By Tyler Durden
Created 11/07/2013 - 09:45
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 11/07/2013 09:45 -0500



 

This is what client-facing desks are seeing at various banks across Wall Street right now. One example below:

PLEASE DO NOT ENTER ANY MARKET ORDERS FOR TWTR UNTIL AFTER THE STOCK STARTS TRADING. THESE ORDERS ARE CAUSING A LARGE NUMBER OF REJECTS WHICH MAY DELAY ENTRY OF YOUR ORDER.

 

THANK YOU FOR YOUR CO-OPERATION

Translation: slow down damn it, there will be more than enough shares sold to satsify all demand. Why is there a scramble? Because of this: TRADING RANGE: TWTR (NYSE): 40.0000-44.0000

 

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Source URL: http://www.zerohedge.com/news/2013-11-07/twitter-scramble-banks-tell-employees-slow-down-clogging-orders

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