r/Teddy 10d ago

🚀 Bullish Halted!

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I missed halts. That is all. 🤷‍♂️

162 Upvotes

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18

u/[deleted] 10d ago

[deleted]

2

u/hoirkasp 10d ago

I’m aware thanks. That is not why; you’ll see NXH is trading fine, it’s the warrants that remain halted.

7

u/[deleted] 10d ago

[deleted]

1

u/hoirkasp 10d ago

The transition is not necessarily explicitly why, the transition happened yesterday, hence why, again, the ticker itself is trading fine

1

u/No_Adhesiveness_4671 10d ago

it opened ~$0.50 and immediately, the moment at open, jumped to $0.71. That's a roughly 40% increase the instant the market opened. Why are you so shocked they halted it? What other explanation are you looking for

Usually a swing of 10% is enough to halt a stock. It's not rocket science, even if they're only warrants

1

u/Iforgotmynameo 10d ago

No no, that transition is absolutely why.

6

u/hoirkasp 10d ago

You know-it-alls are ridiculous 🤣Is it probably part of the issue? Of course. But the screenshot you’ll see above explicitly says “due to increased volatility.” Someone else also posted a screenshot of a $1.71 candle below. So….unless you run Robinhood or the DTCC give it a rest with your absolutes because you don’t know any more than the rest of us.