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: Hyperpy who wrote (3319)	8/9/1999 8:00:00 PM
From: Sir Francis Drake	Read Replies (3) of 10027

LOL - pretty impressive shares waiting to be unloaded (or already partially/wholly unloaded). This looks like wholesale 'head for the exit'. A significant oversupply of shares which cannot be absorbed immediately can break a stock - and this stock has all the signs of being broken. Today's decline was a breakdown - 14% in one day, on top of a long decline. I find it somewhat amazing that the apparent zeal for selling is so great that it seems like the sellers don't care about breaking the stock, and so getting significantly less than a more orderly disposal would yield. Maybe they're in such a hurry that they'd rather take pennies on the dollar - whatever, I suspect soon we'll know what was behind all this. Morgan Morgan

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