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: zurdo who wrote (4492)	10/4/1999 12:07:00 PM
From: Jan Crawley	Read Replies (2) of 10027

Both...the first (NITE turnaround from 22) is conditional... Thanks and I have a few more questions; if $22 is sorta used as a presumed price possibility: a. I understand it well that if you are a long, then "thinking" $22 maybe a conservative risk analysis. But b, if you are a short, then what's your risk/reward ratio by using $22? There are more than 10M Nite shorts currently, if 50% of them are thinking $22, then $22 will last only a min(if it comes)? Of couse, if we have a bullish sentiment tomorrow(the rates issue), then Nite can go up $10 from here fast.

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