So essentially this is people continued trading the stock even while it's worth a fixed price, ok that's an explanation I can accept.
The dilemma here is this: either not say a peep to anyone and keep everything under wraps, in which case downstream (PTs and whatnot) will be caught in an information asymmetry if they weren't religiously watching irc/the trade channels and so you see some trading right after any announcement, or else tell the exchange OPs about it and see actual insider trading before the announcement.
Surely the ideal solution would be to have a circle of qualified and trustworthy people running exchanges and so be able to share that sort of info. The fiat world promotes the fiction whereby this ideal has been reached, but insiders know better. The Bitcoin world has much more serious problems, such as for instance people being too retarded to even understand why they should be dutifully following their betters rather than enacting their own braindamaged cluelessness into some sort of fortress of solitary independence. Which is why we get stuff like
Problem 4 : Permeating all the foregoing and sufficiently so to become a problem in its own right is the incredible arrogance of the recently liberated corporate slavebois working as independent coders. Seriously, start working on the BTC securities trade system of the future without ever having worked for MPEx, without having humbly presented your inept ideas to the most grandiose master Mircea Popescu (ie, me), without anything like that ? O, why, because you're a special little trainflake of brilliance and genius who can ? Really ?
or zero implementation of the
exchange protocol or substantial cluelessness on the topic of
AN0 months after it came out or etc and etc.
In short: once people professionalize we might get a better system. So far we're still struggling with the avatars of infantile idiocy, as this thread amply illustrates.