6 messages,
Last post on Mar 18, 2008 at 12:30 AM
You are in the
Car Stock Exchange Forum.
What is this discussion about?
Future Vehicle
Mar 17, 2008 (2:40 pm)
Has anybody noticed that CRLA is exactly 10 times the value of ACRL (when both are not being actively traded). I've jacked around with 1 share of CRLA and been able to make the price drop or rise as much as dumping or grabbing hundreds of shares. Something is weird here.
How does it keep returning to exactly 549.80 at the same time ACRL keeps returning to 54.90?
#2 of 6 Re: Weird stuff w/CRLA [phillipmiasma]
by mikedrud
Mar 17, 2008 (3:24 pm)
If you look now, you will not see this inverse relationship.
The Corolla is currently overvalued and being day-traded, to be honest. The Acura did not go public at nearly the same price and is not expected to be as big of a seller as the Corolla (even though the stock prices are not representative of true market value at this point).
But I do appreciate your feedback -- such posts help us pinpoint issues all the time.
Thanks,
Mike
CSX Game Supervisor
#3 of 6 Re: Weird stuff w/CRLA [mikedrud]
by phillipmiasma
Mar 17, 2008 (4:51 pm)
4:46 p.m. CRLA $549.80
ACRL $ 54.98
The odds of both returning to the same price point as earlier today SIMULTANEOUSLY must be astronomical. I took a screen cap if you'd like to see it.
Also, 1 share throws everything out of kilter. Example
Stock Name: Acura RL Stock Symbol: (ACRL)
Last Trade Price: CSX $54.98 Available Cash: CSX $985,081.30
Your Holdings: 0 shares Value: CSX $0.00
Trade Type: Buy
Estimated Price Per Share: CSX $56.22 Quantity Ordered: 1 share
Estimated Total: CSX $56.22*
Stock Name: Toyota Corolla Stock Symbol: (CRLA)
Last Trade Price: CSX $549.80 Available Cash: CSX $985,081.30
Your Holdings: 0 shares Value: CSX $0.00
Trade Type: Buy
Estimated Price Per Share: CSX $556.00 Quantity Ordered: 1 share
Estimated Total: CSX $556.00*
This is bizarre!
#4 of 6 Re: Weird stuff w/CRLA [phillipmiasma]
by mikedrud
Mar 17, 2008 (9:34 pm)
Now that does look like an issue. Thanks for cutting and pasting the details in your post. I'll get back to you on this.
Mike
#5 of 6 Same stuff, different day
by 57sweptside
Mar 18, 2008 (12:11 am)
Same thing happened at midnight! And how does 1 share cause a CSX $7 swing?!
Here's my screens
Stock Name: Toyota Corolla Stock Symbol: (CRLA)
Last Trade Price: CSX $549.80 Available Cash: CSX $2,255,887.59
Your Holdings: 0 shares Value: CSX $0.00
Trade Type: Buy
Estimated Price Per Share: CSX $556.00 Quantity Ordered: 1 share
Estimated Total: CSX $556.00*
Stock Name: Acura RL Stock Symbol: (ACRL)
Last Trade Price: CSX $54.98 Available Cash: CSX $2,255,887.59
Your Holdings: 0 shares Value: CSX $0.00
Trade Type: Buy
Estimated Price Per Share: CSX $56.22 Quantity Ordered: 2 shares
Estimated Total: CSX $112.44*
Mar 18, 2008 (12:30 am)
I think you guys are onto something. I just did a trade of 1 CRLA and the stocks page shows 10 shares traded.