KNight will see another 1-2 dollar loss within the week! The saving grace of NIGHT is that they make HUGE amounts of money per quarter...so the PPS will recover over a 1-2 year period of time.
This However is dependant on the way investors percieve the matter. From my stand point KNIGHT always messes with shareholders value in other companies and i guess now in their own company. Its no surprise since they dont care about investors, its their train of thought and how they do business. Dont worry, the company has used their last safety net. If they so much as break a rule, sniff wrong, sneeze wrong or loose more money they will lose all confidence, and credibility from the market. They think its hard to get a creditline, or loan right now...just think if 1 more goof up. LOL KNIGHTS days are numbered and the only reason why they exist on monday is because they can leverage their stock. Its their only colaterol...Its the only and last leverage they have.
Look for KNIGHT to end in less than 5 years, mark this post. Too many company CEO's have beef with them, and as i have read a few have started contributing to making a documentry about NIGHT. No existing bank wants to have partnerships with KNIGHT, heck even the big banks know that without MM's like KNIGHT their companies PPS true value will be realized quicker and easier. After NIGHT falls, all other MM's like KNIGHT will disapear or will start to stop the bogus MM trasactions they perform. I just know it will be an eye opening experience!
