Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: Sir Francis Drake who wrote (1562)	6/11/1999 10:52:00 AM
From: Sir Francis Drake	Read Replies (2) of 10027

Well, FBCO is at it again - always showing 1000 shares for sale, but even when they are the only one on the inside ask, T&S shows trades flying in a steady stream. I gotta believe FBCO is shorting - I mean, they can't have that many shares long to sell. Every time NITE tries to climb, FBCO waits for the price to rise a bit - and then BAM - they're back on the ask side. When I saw this, I shorted at 57 1/2, and covered at 55 1/4, after it failed to break 55. This is a good stock to trade - but I still prefer the long side, frankly - I want to establish a nice long position once all this selling is over. Good luck to all NITE'ers! Morgan

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