ST Alpha - "Everything I ever heard about it seemed to be about making money from other people's ignorance. -- nm" (Reading a Post)

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In response to "The biggest flaw I've seen so far..." by David

Everything I ever heard about it seemed to be about making money from other people's ignorance. -- nm

Posted by mara Jun 6 '09, 11:54

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Responses:

Generally speaking, in gambling, those sorts of arbitrage advantages disappear quickly. - David Jun 6, 11:58 4
- and generally speaking that's really what any stock market is when you boil it down. -- nm - mafic Jun 6, 12:19 2
  - An HSX-type exchange has *many* more sure things than an actual stock market. That's why the original HSX instituted the halt in the first place. -- nm - mara Jun 6, 12:22 1
    - I'd argue that HSX instituted the halt is because it gave them better data to sell. they want a general public opinion on the movie, and the easiest - mafic Jun 6, 12:34
- But at least it's completely in the rules--even expected--to profit from others' ignorance. -- nm - nubby Jun 6, 12:04

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