4 ms·
When a certain amount of time is needed to process new information, then halts make sense for relatively brief periods. Otherwise it's silly. Halting Pets.com i
by bedhead 11y ago
When a certain amount of time is needed to process new information, then halts make sense for relatively brief periods. Otherwise it's silly. Halting Pets.com in 2000 wouldnt have mattered, just like I suspect the halt in the majority of China's stocks wont either.
- jpmattia 11y ago> When a certain amount of time is needed to process new information, then halts make sense for relatively brief periods. Yes. I'm referring to the automatic halts after a percentage drop. > Halting Pets.com in 2000 wouldnt have mattered, Exactly. The trading-pause rules have been implemented since then. I'm wondering if the trading halt rules would have exacerbated the Y2K meltdown.