I own 13,100 shares long with an average price of $30.25 and decreasing as I add at lower prices. Now that you know that, did you see NITE CEO on CNBC? I liked it! I get the feeling that s/t good is going on that we don't really know about, in my opinion. I will still add to my position. I don't trust the retail brokers, Paine Webber, Morgan Stanley Dean Witter, and Merriiill. I think they are all looking to have the ECN and NITE side of the business. I think they are purposely, through there analysts, hitting this sector, along with there own, to get the evaluations lower so they can consolidate the ECN, MM and online firms into there own firms. I am long the ECN, MM, and online trading firms. I hurt now, but not that bad so far. I think the market is going to turn around with respect to ECN, MM and online firms. What do you think?
Rodney |
