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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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From: pcyhuang7/21/2006 10:58:19 PM
   of 10027
 
More Research on NITE

Full Story: schaeffersresearch.com

Knight Capital Group: Knight Capital Group (NITE: sentiment, chart, options) reported strong earnings this morning, surprising the bevy of short sellers who had flocked to the equity's side. In June, short interest shot 41 percent higher to a two-year high of 12.8 million shares. This accumulation of bearish bets accounts for roughly 13 percent of the security's float and is nearly seven times the stock's average daily trading volume. This morning's gap higher continues to find fuel as these bears rush out to buy back their pessimistic positions in an effort to stem their losses. At last check, NITE was up more than 13 percent.

pcyhuang
huangcapital.com
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