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: Joseph Silent who wrote (2521)	7/19/1999 4:07:00 PM
From: Sir Francis Drake	Read Replies (1) of 10027

Well, actually yes, they were pushing, but you have to look behind it. NITE was very weak. I've been saying this for a long time. And I've been saying, that the way to play this stock for now, is to the downside. So, CIBC sees NITE as vulnerable - all it needs is a push to collapse it. That is what is happening. NITE is weak. Why is CIBC doing it? Could be short term trading, or indeed hoping to buy later at a lower price - note that CIBC is a covering broker for NITE, and they give them a strong buy. Morgan

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