RE:RE:RE:RE:HaltChances are, the big portfolio management companies holding millions of ETF shares have such algorithms set up to sell whole sector
Auctioneer wrote: For once BNN is right
NB1017 wrote: BNN update explains it well, with a scenario included on automated algorithms that likely triggered the sell off and in turn causing the trading halt. "Most of these cannabis stocks reached near record highs yesterday, and the selloffs could be tied to algorithms related to all-time high prices."
Ravenus01 wrote: matt7788 wrote: Can anyone explain the Halt at 10am?
I'm guessing it was the massive selling and the circuit breakers cut in. Thats the problem with putting in automated sell orders. Somebody got some cheap shares I picked up another 1000 at 13.92 just for fun.