Even a wild rumor is a stupid reason to halt trading. If someone is dumb enough ... | Hacker News

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		hueving on July 8, 2015 \| parent \| context \| favorite \| on: China Trade Halts Locks Up $2.2 Trillion of Shares... Even a wild rumor is a stupid reason to halt trading. If someone is dumb enough to believe it and they sell their shares at a massive discount, it's not the job of regulators to stop that.

justin66 on July 8, 2015 [–]

Of course it's even worse: those halts punish the ones who do not believe, and who understand what is going on.

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