FlyerTalk Forums - View Single Post - UAs Official Response to HKG Ticketing/IT Error: Redeem @ Correct Amount or Redeposit
Old Jul 20, 2012, 12:26 am
  #2101  
Yammer
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Join Date: Jul 2012
Posts: 30
Originally Posted by zombietooth
There were many small traders that had stop loss orders execute at 1 cent per share on some large companies, Accenture was one of them I remember and Exelon. Some of these traders were completely wiped-out on paper. The SEC went back and voided all of the wildly underpriced (and overpriced) trades and made these traders whole.
Once again, this is completely different than this situation. Can everyone stop with the ridiculous analogies that aren't the same thing as what's happening here? You know what's like airline tickets? Airline tickets are!!! Airlines are regulated by the DOT and have their own regulations including the "mistake fare has to be honored" regulation that is very new and that seems to make a lot of people get confused and think that these confirmed/ticketed reservations could be cancelled based on a supposed price mistake. They can't. This is a special rule for airlines and airline tickets, stop trying to reason otherwise based on other situations.
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