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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: SteveHC who wrote (126)1/22/1999 2:17:00 PM
From: Anthony@Pacific  Read Replies (2) | Respond to of 10027
 
OK



To: SteveHC who wrote (126)1/22/1999 4:27:00 PM
From: Thu Ra Tin  Respond to of 10027
 
NITE SECRET#2 (ADD ON TO ORIG POST#2730
by: FLASHROB
2737 of 2745

If you read the WSJ, you probably know NITE does about
1/2 of all the internet related trades on the NASDAQ...

Also a LARGE CHUNK of NITE stock is owned by E-Trade and Ameritrade who
along with about 25 other brokers bought and use the company to handle their
Internet Trades...they are the largest INSTITUTIONAL OWNERS OF THE
STOCK!!!

NOW do you really think they're going to let this baby tank!

This stock is a "money-machine" for them AND THEY CAN
DRIVE UP THE PRICE ANYTIME THEY WANT! (by feeding them trades for
earnings OR BUYING OUT NERVOUS NELLIES on the dips...then they can
prime the pump and "bingo" 50+ + + + +)

Even when they do internal ECM's later...they will use NITE to
cross-trade with one another...AND REMEMBER SINCE THEY OWN SO
MUCH OF NITE...they will BOOST IT anytime they want!

I have been doing great on the volatility all week, buying and shorting many
times...BUT NOW THIS IS PLAYING WITH FIRE AT THESE PRICE
LEVELS (37).

THE BEST POSITION NOW AT THESE PRICE LEVELS:
BUY/BUY/BUY...ACCUMULATE/ACCUMULATE/ACCUMLATE

because the MM's won't let it go down too much...

and you'll miss the 50/60/70 RUNUP!

I really don't worry about the price of this stock (see why in my orig
post#2730)...so whether you daytrade or are long for the
100%+ in the next 6 months...YOU CAN ONLY LOSE IF YOU SELL...

THIS STOCK is ONE OF THE SUREST THINGS ON THE MARKET IF
YOU'RE LONG...

Posted: Jan 22 1999 3:12PM EST as a reply to: Msg 2730 by FLASHROB