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: 1-DAY-TRADER who wrote (728)	5/4/1999 9:07:00 AM
From: Joseph F. Hubel	Read Replies (3) of 10027

< remember: only last March first, NITE was @ $30 .. now 150 .. its wayyyyyyy tooooo dangerous now to hold it at $ 150 unless you want to set yourself up for a major financial pain. Think of the down side potential then think about your children. > ************************ How bogus. Simply because a stock makes a huge run up does not mean it will tank. You may have your trading strategy and that's fine, but it does not make you infallible. DELL computer in the last 30-40 months has made a gain of 4,820%, RNWK 1,234, NITE has made a gain of about 789%. techstocks.com Sure you may make some money on any correction, but I guarantee you will cover and not stay short because in the longer term you will lose. You may make 10-20 points on your short position, I have made 80 points on my long. There is room for all trading activities but don't come here and preach to us that your's is better and that we should worry about our kids. You are simply trying to shake the trees in hopes some of us will contribute to a sell off which you need to make money. Your post contained nothing except to say you think the stock has moved up too high, too fast. That's hardly a reason to give up a long term investment. How about providing some fundamental reasons and gain some credibility. JFH

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