transarensa - an automatic stop loss may not provide the...

transarensa - an automatic stop loss may not provide the protection you think if the sp gaps down violently after a trading halt.

I know Etrade place the sell order at 3 market points below your stop loss triger. If it gaps below that your sell order is placed but not filled.

Hence holders are keen to hedge their risk now by selling.

The good news is that the opposite will happen if there is a whiff of gas. Buyers will scramble over each other trying to get in.