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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: Sir Francis Drake who wrote (2761)7/25/1999 12:27:00 AM
From: Kenneth R Miller  Read Replies (1) of 10027
 
I sold my shares of NITE and won't buy back in till I see the selling diminish.. It's indicating to me that large holders of NITE don't seem to be optimistic going forward. (Why would anyone sell at $48 when that price seems to be a very poor price indeed?) Watching the streaming buys and sells.. we see the retail investors small lots of 100-500 shares buying then all of a sudden.. a few streams of 1000-20000 shares are sold at the bid and the pattern repeats again all day long.. not good. It almost seems as though the sellers know something I do not.

Thanks for all the excellent posts on this subject. Keep up the good work educating this thread.
Ken
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