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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Raymond James Norris who wrote (2439)7/16/1999 12:27:00 AM
From: john david martin  Read Replies (1) of 10027
 
There is much talk lately by day traders on this site that there is something very strange and mysterious about the way NITE is trading. What they fail to tell you is that fair or unfair NITE has been trading in line with the OLB sector. If you look at the charts of these OLB'S 1 month ago most hit a low (NITE was at 41) did a pre earnings climb that has since fizzled when compared to the fantastic gains of previous quarter. Still AMTD has almost doubled NDB is up 60% and right now NITE is up 40% from a month ago yet a strange cloud over hangs these stocks. Give me a break if you people listen to these day traders convince you that these types of one month gains tell a story of broken down stock then you are really not an investor but simply gamblers. These OLB's are not going to go up 200% like last quarter they have all subsequently split with many more outstanding shares and it is a different market now. Still most of us agree NITE will be 65-70 right before and 80-90 after earnings this quarter. Folks that's more than a double in just over a month it is crazy to complain about something is wrong. This stock is up over 1000% in year. Stop complaining you have one of the best stocks in all of NASDQ.
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