<s for the gap up, you have an imbalance of idiotic market buy orders for those who thought they could get in cheap at the re-open failing to realize they were buying the MM top....>
Then, why halt it? Let every one play it without a huge-gap of $70 or so. Where is the responsibility for an orderly market? How $70 or so decided. Can MM explain it with their inventory before the drop, during the drop, after the drop, etc.
The halt and re-open with a huge-gap up is what to me is not a fair game. It took lot of players out of the game from buy-back, short covering etc. If the stock traded non-stop, no one could complain. Every one has a even field to risk their capital if stock was not halted.
Losing is part of the game as long as one is allowed to trade, not halt it, then re-open it with a gap-up. No one can trade between $45 and $120 or so. Couldn't buy back, etc...
Understand perfectly well, if EMLX gap-up is the way game is played, kitchen is too hot, so, move on to other stocks to try one's luck.
Willing to learn. Thanks. |
