WALL STREET — Merely a day after the Snapchat IPO, investors in the popular stock panicked after realizing that all of their shares kept disappearing just ten seconds after their buy orders got filled.
“Immediately, a little square timer appeared in my E*trade dashboard, and when it hit 0, all of my shares vanished,” area day trader Gillian Tresspie told Satire V. “I screenshotted it before they disappeared, but E*trade support told me it’s not polite to do that.”