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TopicPolitics Containment Topic 362: Now With Diet Coke Button
red sox 777
01/29/21 8:22:06 PM
#484:


Also, obviously, it's better to suspend trading entirely than to only let one side trade. I was upset when they did that with LK back in April last year but when it was unhalted the prices were fair. Much better outcome than having retail investors sell into an environment where they are getting paid way below a fair price for their shares because there is artificially no demand. And sure, you could say that people could just not sell until the trading situation is fixed - but there are going to be people, usually the least sophisticated shareholders, who don't know to do that and panic sell.

But! Here it could not be suspended entirely because why should NYSE and all the brokers/market makers with their act together have to stop trading a stock because Apex and Robinhood can't meet capital requirements? And that's where the need for better regulation is - to make sure they will smoothly meet capital requirements next time.

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