I don't think a full halt is a good idea either because the hedge funds can trade directly on the market through their own brokers and then Robinhood people will be stuck holding shares with no way to sell or buy because of the full halt.
I did read that the NASDAQ is considering halts. That kind of halt would be fair cause then it would be a halt to both the hedge fund and retail people.
If I had to put the options in order of best to worst it would be:
- Leave the market alone and let regulators sort it out.
- Nasdaq halt
- Robinhood allows selling but no buying
- Robinhood full halt
- Robinhood allow buying and no selling
RE: Just Got a Lovely Letter From Robinhood.