Value Investing 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.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bob Rudd who wrote (12718)	7/1/2001 1:58:29 AM
From: TimbaBear	Read Replies (2) of 78567

NITE....the bad news of lower trade volumes and slower overseas enthusiasm (i.e. EASDAQ) for trading have already been priced into the stock at these levels. If one believes that we are heading into an upswing in the US economy, I believe that there is enough trading volume potential left for a hefty increase in revenues. Yes, many day-traders and high volume traders got wiped out over the last few years, but many just learned how to play the short side and are still trading. I believe we'll see an increase in on-line trading (which NITE gets a decent share of) and an increase in the brokerage businesses. Maybe not anywhere near the old levels, but high enough for NITE to give a decent return. Addition source of revenue from heavy options playing as they have acquired that ability over the years as well. JMO, I have traded in and out of NITE many times and am currently back in. I was a little early (about two weeks), I'm in at $12.30/share. I view this as more of a trading stock (good for quick 30-40% pops) than a long term hold though. I think it has a Beta of about 4, so it is not for the faint of heart <ggg> Timba

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next