Knight/Trimark Group, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joseph Silent who wrote (3444)	8/11/1999 10:53:00 PM
From: Sir Francis Drake	Read Replies (1) of 10027

Joseph, I already addressed the issue of "effect". The point is not that they should have been buying at 50. Rather that the existence of the buyback program would have limited the downdraft - as I explained in another post. It was psychological. Plus, actually, a well timed buy can squeeze the shorts with very few shares used. And finally, the cancellation was like a red flag to a bull. Those in the know got to profit, while the little guy got margin calls. Why cancel? Perfect timing - not. And why not announce, so that the little guy too can protect himself? Morgan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next