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Hello Nite! Haveing problems getting back to $15 a share! I see $13 days real soon.So keep doing what you are doing....Nite Fleas
Be Akamai NITE,
KCG can to try to change your name but you will always be the same NITE if you continue to do what you do.
have to love all the *tricks* of the trade
that can be employed when trying to *fool*
the *investing public* .. hmmm
with NITE no longer *existing as knight's *ticker*
we now have zero *history* for KCG (10 and 90 day volume)
can they be ever *closer* to revealing just what
last october's *pps* *ahem* issues were all about
--
Detailed Quote:KCG
KNIGHT CAPITAL GROUP, INC.
14.11-0.50 (-3.42%)AS OF 4:03:30PM ET 06/01/2010
Last Trade 14.11
Trade Time 4:03:30PM ET
Last Trade Exchange NYSE
Today's Change -0.50
Today's % Change -3.42%
Bid 14.0000
Bid Size 30
Bid Exchange Third Market
Ask 16.0000
Ask Size 50
Ask Exchange Third Market
Primary Exchange NYSE
Currency USD
Open 14.51
Day High 14.65
Day Low 14.11
Previous Close Price
05/28/2010 14.61
52-Week High
10/14/2009 23.1100
52-Week Low
05/25/2010 13.8000
Volume 985,115
Average Volume (10-Day) 0
Average Volume (90-Day) 0
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oh what a tangled *web* is woven .. :)
--
4kids
all jmo
well thank you
i despise nite
i've talked to the SEC .. i've placed bids
above their ask when i've suspected they
were blocking on the ask .. i've documented
everything whenever i can and i file complaints
i'm disgusted with the SEC and their incompetence
where the MM NITE is concerned
the *expertise* will claim NITE is all retail
folks should spend some time perusing their 10K
it's stunning what has been tolerated including
NITE writing off millions of dollars of FTD's
of course a few years back the *same expertise*
wouldn't even acknowledge NSS .. or that penny
stocks on the OTC could even be shorted ~ some of
us figured out the game in play and fully recognize
that money is indeed made both ways *repeatedly*
to say nothing of NSS being a FACT in all global
markets
--
4kids
all jmo
one thing early 2008 taught me
is any co. can be *set up* to fail
they'll eat their young if it proves
*profitable*
imo the rumors pertaining to a wells
notice last fall may have merit if
one just goes off of what happened
to their stock price in october 2009
i also found the interview between
the joyce and cramer on mad money
in dec 2009 *informative* with knight's
ceo oddly *muted* for the first time in
my memory ~
regardless the change out re: the ticker
strikes me as more bait and switch
sort of like what philip morris did
time will tell
--
4kids
all jmo
You just got a person mark from me for that beauty! When a company angers me to the point which NITE has, I truly enjoy making their lives miserable.
I can guarantee you i'll be joining you on this one! I've had them not fill at ASK on a stock that I'm in, we'd have to put buy order in for a tick above the ask.
Will start complaining when they do this again.
It looks like they may be too big to fail. Someone come up with a round figure for the bail out.
the trick with the SEC and *nite*
is to copy and paste the trades done
on the respective stocks that they
make a market in .. which is pretty
much every stock/co. on the OTC
and then filing a complaint with the SEC
http://www.sec.gov/complaint/selectconduct.shtml
i particularly enjoy *bagging* them when
they BLOCK ON THE BID OR ASK .. another one of
their *specialties*
having spoken to the SEC numerous times about
Knight/NITE .. i've been told the squeaky wheel
gets attn .. they just didn't say which decade
the attn would be given .. sheesh .. but even
the incompetents at the SEC can't ignore the
1000's of complaints filed against NITE and
the MONOPOLY they've created on the OTC in
the past three + years ~
--
4kids
all jmo
Incredible. $3 worth of trades sinks the shares 66%. NITE at their finest unfortunately.
When the SEC does actually catch them, the fines are relatively small compared to what they make, so it does not matter one bit.
I was hoping this last round of financial reform would contain something about Market Makers but alas, no such luck.
Please allow me to fuel the fire. A stock that was trading at 15 cents or higher for 4 months was suddenly taken down to 3 cents at 3:55 pm on a Friday. A few shares were traded quickly to move it off the 3 cents which was to be stared at for the weekend by the investors who had spent 15 cents for months.
Then on the following Tuesday the stock was again taken down to 3 cents. This time it was done after hours. When NITE wants it down it goes down no mater how low class, no class he must do it.
Happy investing for Americans who need jobs and small business who can supply those jobs.
here's an opinion worthy of a few *yuks*
suspect they both know and could care less
after all it appears to all be about the $$$$
that can be *generated* both sides of a trade
--
That would MAKE MY LIFE! Imagine having NITE delisted and dropped to Pinksheets.... it would be a dream come true.
I wonder if they know how truly despised they are? I sure would like to get the chance to tell them face to face, but I'm sure their office is in permanent lockdown to prevent "customers" from ever reaching past the poor receptionist.
i think one of the mods has to request
the change re: the ticker from NITE to
KCG from ihub admins .. it can be done
via PM .. i don't mod stock specific MB's
edit>> i believe this board will stay the
same .. just the ticker changes out
--
4kids
all jmo
How come IHUB not supplying KCG chart
You need to host new board tiying it to this board
let's put it this way .. the *timing*
involved with knight/nite is rather
intriguing .. the *hand off* didn't
happen until *early* into 2007 ~
i'm talking their *ahem* monopoly and
the $$$$ that would *result* from said monopoly
funny how that works
one has to wonder about all those *rumors*
of a stake taken in a SMB around that time
frame .. as well .. the mind does indeed
boggle with all the *possibilities* if true =D
i can just see the *advantages* of controlled
content regardless of whether the *end* goal
was NITE's *interest* in a stock's pps
*running* or of course the opposite ~ cause money
is always made both ways by those who can exploit
the loopholes ~ and they are all over the joint
my favs are those who claim there is no *manipulation*
uh huh ..
the biggest irony of all to me is the *delusion*
some have re: money only being made on *runs* up
truly convenient and repetitively posted as *fact*
and of course i'm always curious to see who pops up
touting for NITE .. oops KCG ..
--
4kids
all jmo
SPIN SPIN--- RESPONSE SPINNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! BUSINESS As Usual!!!!!!!!!!!!!! Posted by: OldTymer Date: Wednesday, May 26, 2010 12:26:04 PM
In reply to: Letgo who wrote msg# 320623 Post # of 320632
Letgo, let's just say that as of right now, SPNG appears to be in a little bit of trouble. lol. The continuation of their business doesn't look too promising.
As far as the supposed NSS -- it doesn't matter. Huge NSS, no NSS, it's all a moot point from my perspective. I have always stated that even if there were 2B illegally shorted shares in SPNG, who's going to make them cover? In the history of the stock market, who has ever forced the MM's and brokers firms to cover any NSS? No one that I know of. Why would the SEC start now? Besides, I think everyone has had plenty of time to cover any NSS they may have had? But in the end it doesn't matter. No one has ever forced them to cover, so why would they worry about it?
As far as Knight goes, they've pretty much always been the big boy on the block. They're very aggressive. Knight and other MM's have been punished quite a few times in the past. They pay a fine, that's about it as far as I can see. Part of doing business. If they are doing illegal things, who's stopping them? The SEC? It's not that I never believed there could have been a rather large NSS in SPNG, I just never believed anyone was going to force a cover.
That's why when you see companies across the board claiming it's the NSS that's keeping the stock down, it's just b.s. The owners of these companies know that even if there is a large NSS, no one has ever forced them to cover in the past, and they most likely will never force them to cover in the future, so why claim NSS is the reason your stock is languishing? Just part of the scam, like having a gagged t/a. And the beat goes on.
and check their 10K to see just how
many FTD's they get to *write off*
truly what a racket is in place aided
and abetted by the morons *in charge*
i suspect for every stock they *make
a market in* there is equal number of
COMPLAINTS filed with the SEC ~
too bad the SEC was too busy with other
*issues* to address the MONOPOLY
that KNIGHT/NITE has become ..
tho' rumors still swirl that last october
was the month *some* of those *complaints*
finally caught up with them ~ time will tell
regardless of whether they *change* out
their ticker .. doubt even the *newbies* will
be fooled by that manipulation .. er .. action
oh and per the *einsteins* .. all that data
provided in your post ~ is *retail*
wow who'da thunk it ~
i personally am waiting for when the pps gets to
the price target favored by one of the *kings* of shorting
and watching the devolution ensue .. wouldn't it be nice if
co.s actually had to disclose when a wells notice is issued
just so many *loopholes* to be exploited .. yum yum
--
4kids
all jmo
Posted by: Letgo Date: Wednesday, May 26, 2010 11:49:05 AM
In reply to: OldTymer who wrote msg# 320622 Post # of 320623
To bad NSS have such supreme power! Did the NSS have a hand in the fall of SPNG??? Oldtimer - question for you - do you think SPNG will continue to stick to there guns saying that the 10k &10Q of the past were all accurate - in the up coming court case?? Do you believe the below facts about NITE or do you think this is all conspiracy notions? Thus do you think SPNG will actually take on NITE - in a sense - in the upcoming court case??
Just look at this ... --------------------------Posted by: xclr8r Date: Tuesday, May 25, 2010 8:48:09 PM
In reply to: None Post # of 118532
Look no further than right here to realize how omnipotent NITE is to where we are and where we want to be, it's almost scary:
http://www.knight.com/ourfirm/liquidity.asp
Key Liquidity Statistics
Knight engages in trading and market-making in more than 19,000 U.S. securities
Knight supplies liquidity to a great number of difficult-to-trade issues
In 2009, Knight executed greater share volume than any U.S. exchange or securities firm
In the first quarter of 2010, among securities firms, Knight ranked*:
- #1 in shares traded of Listed securities with 18.9% market share
- #1 in shares traded of NASDAQ Capital Market, Global Market, and Global Select Market securities with a combined market share of 22.8%
- #1 in shares traded of Bulletin Board and Pink Sheet securities with 84.3% market share
- #1 shares traded of NASDAQ 100 securities with a 13.8% market share
- #1 shares traded of S&P 500 securities with a 15.4% market share
In the first quarter of 2010:
Knight executed more than 225 million trades, which is an average of 3.7 million trades per day, 569,000 trades per hour, 9,500 trades per minute and 158 trades per second
Knight traded approximately 625 billion shares, which is an average of 10.2 billion shares per day, 1.6 billion shares per hour, 26.3 million shares per minute and 438,000 shares per second
Knight dollar value traded topped $1.6 trillion, which is an average of $26.6 billion per day, $4.1 billion per hour, $68.2 million per minute and $1.1 million per second
isn't it tho' ~ especially since the
*same* request was first made months
ago when *originally* first appearing
hmmmm
--
4kids
all jmo
Interesting :) Some things never change, I'm surprised they were able to string it together and put the 3 together and realize they were the same.
closed up
14.20
Nite now listed under KCG....
NITE not found on stockcharts?? haha
Looks like (NITE) pps is down $1 or more from a week ago.Keep up the good work.And welcome to the new pennyland.Were the playing field has changed.Hopefully for the better.And thank you for educating me how (MM) work in pennyland.I want say how much my education cost me.But i well say it was well worth it......
I think (Nite) is learning how pennyland feels.When pps drops as low as it has.Could we see a lower pps real soon.Pennyland is calling (Nite).....
indeed
--
4kids
all jmo
I like the direction this is going will those puts become valuable soon
LOL
Looks like (NITE) is haveing a bad day.Lets all hope it continues.Keep up the good work (NITE)......
FLASH CRASH ... a 5 second sound bite ..
Trading Firms Break A Sweat
Over Breaking Trades
BY MarketWatch
— 3:12 PM ET 05/17/2010
NEW YORK (MarketWatch) -- A growing number of trading firms are criticizing the practice of breaking trades--an uncommon move that has now come under the spotlight after being wielded by the stock exchanges to contain damage from the market's May 6 flash crash.
When trades are cancelled, investors can end up in unexpected positions if earlier transactions are wiped out, but later transactions still stand. Merely the risk of getting caught in such a predicament is enough to discourage some traders from entering a market in free-fall, as it was for 15 minutes on May 6. Later that day, the four main stock exchanges met and agreed to cancel all "clearly erroneous" trades, or those stocks that were sold for 60% above or below their consolidated price listing at 2:40 p.m. that day.
"We're not sure that the 'clearly erroneous' [policy] makes sense, especially since the 'clearly erroneous' levels seemed to be arrived at in a very informal, opaque fashion," said Tom Joyce, chief executive of Knight Capital (NITE). In testimony before Congress, Eric Noll, head of transaction services at Nasdaq OMC (NDAQ), said there was "significant discussion" among the exchanges over where to break trades after the May 6 plunge.
"This incident where all the stock exchanges picked some level and busted trades below that is just crazy to me," said Don Wilson, chief executive of DRW Trading Group in Chicago. Wilson, who has had "hundreds" of futures trades broken over the years, now advocates adjusting prices rather than canceling trades. "In markets where trades may be busted, people in volatile periods tend to just pull out of the markets because they feel the risk of the busted trade isn't worth it."
The exchanges have said they break trades rarely, and only to preserve market order when it has been disrupted by an error or unusual volatility. Guidelines dictate where trades can be busted in the first half hour of market activity if there is significant futures trading, for instance.
"It's very exceptional," said Ray Pellecchia, spokesman for the New York Stock Exchange. He noted that the Securities and Exchange Commission stated after the May 6 plunge that it is reviewing how trade-breaking should be conducted going forward.
But traders worry that someone who has purchased stocks at a low price and then sells them, expecting to have booked a profit, may instead end up short if the earlier purchase is cancelled.
High-frequency trading firms, which have been criticized for pulling out of the market's plunge, have their own reasons for shying away from busted trades. Many of the super-fast, computer-driven trading thrives on darting in and out of the market to take advantage of statistical inefficiencies, not placing long-term bets on companies' performance, so many high-frequency firms like to end the day essentially having exited the market. Broken trades may cause high-frequency firms to find themselves holding a surprise long position and potentially violating their margin requirements, said Manoj Narang, CEO of Tradeworx.
"Breaking trades after-the-fact is a terrible, unfair and arbitrary practice because it causes huge uncertainty and discourages short-term trades from staying involved in the market during volatility spikes," he said.
Most opponents of trade-breaking agree that some new safeguards need to be established to help the market weather extreme volatility. The exchanges' proposed circuit breakers, which would trigger a time-out across the market when any stock or index fell below a pre-established level, are popular within the industry.
"We believe that a circuit breaker [kicking in] at 25% with a five-minute break would eliminate any need to revert to the 'clearly erroneous' approach," Joyce said. The exchanges have yet to unveil the exact parameters of the proposed circuit breakers.
Not all traders object to the concept of breaking trades. Some stress the timing of making the decisions and alerting traders is key. Phil Flynn, a senior market analyst at PFG Best in Chicago, said he lost money while trading Standard & Poor's 500 futures and didn't know a trade had been broken for several hours.
"I was in awkward short position by the time I found out," he said. Flynn said he understood why the trade was broken, due to a mistake in the Chicago Mercantile Exchange's order book in processing a large trade, but his loss of between $5,000 and $6,000 still smarted. "It sure seemed like a huge amount when I thought I made $1,000," he said.
been *patiently* waiting (since last october's *efforts*)
for the next shoe to drop regarding *nite* the stock .. lol
hmmmm .. volume running above 10 day and 90 avgs and
the *stock* is lower .. yum yum .. and the talking heads
say one thing only .. cash or *short* .. shucks
Detailed Quote:NITE
KNIGHT CAPITAL GROUP, INC.
14.61-0.72 (-4.70%)AS OF 3:41:16PM ET 05/18/2010
Last Trade 14.61
Trade Time 3:41:16PM ET
Last Trade Exchange BATS
Today's Change -0.72
Today's % Change -4.70%
Bid 14.61
Bid Size 18
Bid Exchange NASDAQ-NMS
Ask 14.62
Ask Size 23
Ask Exchange NYSE ARCA
Primary Exchange NASDAQ-NMS
Currency USD
Open 15.41
Day High 15.41
Day Low 14.56
Previous Close Price
05/17/2010 15.33
52-Week High
10/14/2009 23.11
52-Week Low
12/16/2009
14.01
Volume 3,181,317
Average Volume (10-Day) 2,364,060
Average Volume (90-Day) 2,210,797
--
4kids
all jmo
Could Nite be spreading itself thin? With all the partnerships it has going on.And also trying to expand there buss overseas? Thoughts? (HESG)
Nite is saving it's pennies!
Short squeeze comming at FFGO.
NITE does not have any share holders ... how with zero float? haha
You would think!If the company is doing as it is.Whey would'nt they have some typ of div or buyback plain in place.To show Nite shareholders how much they appreciate there shareholders..Right?
Annual Meeting for Shareholders has nothing good for Nite shareholders.Statement at meeting.Said Nite has a hole lot of money.But none for it's shareholders.No Div nor Buyback plain in the future.So if this company is so good.Has all kinds of money and growth.Then what happens when it comes to there shareholders? Thoughts? Nite Fleas
well look at that ... 2 days now
those who short NITE have
PROFITED .. $$$
let's see if monday brings a 3-fer :0
destruction of shareholder value
who'da thunk it ..
oh and
how long does the *stall* last?
--
4kids
all jmo
Looks like (Nite) had a great day.Lets hope they keep up the good work next week...Nite Fleas
depends on which side of the trade one is viewing :)
some would consider today a very good day .. lol
down on dbl than avg vol .. shucks ~
--
Detailed Quote:NITE
KNIGHT CAPITAL GROUP, INC.
14.68-0.66 (-4.30%)AS OF 4:00:03PM ET 05/06/2010
Last Trade 14.68
Trade Time 4:00:03PM ET
Last Trade Exchange NASDAQ-NMS
Today's Change -0.66
Today's % Change -4.30%
Bid 14.27
Bid Size 12
Bid Exchange BATS
Ask 15.44
Ask Size 3
Ask Exchange ISE
Primary Exchange NASDAQ-NMS
Currency USD
Open 15.30
Day High 15.40
Day Low 14.55
Previous Close Price
05/05/2010 15.34
52-Week High
10/14/2009 23.11
52-Week Low
12/16/2009
14.01
Volume 4,430,004
Average Volume (10-Day) 2,832,984
Average Volume (90-Day) 2,100,030
--
rumor has it tomorrow will be just as *pretty*
--
4kids
all jmo
It looks like ! When you get downgraded to unfavorable.Some investors just dont want to believe what is posted.But Nite pps will drop.And there will be some upset ppl.All investors should watch this stock daily.Because 1-week they could be up $1.And down $1 the next.Nites days are number....jmo...Good Nite
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Knight Capital Group, Inc. (collectively with its subsidiaries, "Knight" or the "Company") is a global financial services firm that provides access to the capital markets across multiple asset classes to a broad network of clients, including broker-dealers, institutions and corporations. The Company seeks to continually apply its expertise and innovation to the market making and trading process to build lasting client relationships through consistent performance and superior client service. The Company has four operating segments: (i) Market Making, (ii) Institutional Sales and Trading, (iii) Electronic Execution Services and (iv) Corporate and Other.
Market Making
The Market Making segment principally consists of market making in global equities and listed domestic options. As a market maker, the Company commits capital for trade executions by offering to buy securities from, or sell securities to, institutions and broker-dealers. The Market Making segment primarily includes client, and to a lesser extent, non-client electronic market making activities in which the Company operates as a market maker in equity securities quoted and traded on the Nasdaq Stock Market; the over-the-counter ("OTC") market for New York Stock Exchange ("NYSE"), NYSE Amex Equities ("NYSE Amex"), NYSE Arca listed securities; and several European exchanges. As a complement to electronic market making, the Company's cash trading business handles specialized orders and also transacts on the OTC Bulletin Board, the OTC Pink Markets and the Alternative Investment Market ("AIM") of the London Stock Exchange. The segment provides trade executions as an equities Designated Market Maker ("DMM") on the NYSE and NYSE Amex. The Market Making segment also includes the Company's option market making business which trades on substantially all domestic electronic exchanges.
Institutional Sales and Trading
The Institutional Sales and Trading segment includes global equity, exchange traded funds ("ETFs"), and fixed income sales; reverse mortgage origination and securitization; capital markets; and asset management activities. The primary business of the Institutional Sales and Trading segment is to execute and facilitate equities, ETFs and fixed income transactions as an agent on behalf of institutional clients, and commits capital on behalf of clients when needed. This is predominantly a full-service execution business, in which much of the interaction is based on the Company's client relationships. This segment also facilitates client orders through program and block trades and riskless principal trades and provides capital markets services, including equity and debt private placement.
Electronic Execution Services
The Electronic Execution Services segment offers access via its electronic agency-based platforms to markets and self-directed trading in equities, options, fixed income, foreign exchange and futures. In contrast to Market Making, the businesses within this segment generally do not act as a principal to transactions that are executed and generally earn commissions for acting as an agent between the principals to the trade.
Corporate and Other
The Corporate and Other segment invests in strategic financial services-oriented opportunities, allocates, deploys and monitors all capital, and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The Corporate and Other segment houses functions that support the Company's other segments such as self-clearing services, including stock lending activities.
Discontinued Operations
Discontinued operations comprises costs associated with shutting down the Company's former Deephaven Capital Management business which was discontinued in 2009.
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