Hi Lizzy...

...slowly moving back up here.

Hi swampboots!

Thanks

Been doing well ico, thanks...

...hope all is lovely for you as well.

Hi All...NGVC 22.20

Possible double bottom here...

I have been buying since the drop...

...with the intention of holding for long term capital gains. Natural Grocers has been a customer of mine for a year and I have been very impressed with the rate at which they are opening new stores. Their business model seems genius to me...offer organic foods in a small simple store at a significant discount to Whole Foods, which makes organic food more affordable and accessible for for people who can't afford to shop at Whole Foods. The natural/organic food industry will continue to grow and I expect them to continue to grab a larger portion of that market. I had been wanting to own this company but felt it was expensive. This drop, offers a nice long term entry point. They are already one of the few major players in this market and they still have plenty of growth ahead of them. The company has also existed longer than Whole Foods.

Nice Insider buying last week...

http://finance.yahoo.com/q/it?s=NGVC+Insider+Transactions

KCG Yep, looks like it's toasted now with all of their trading partners not routing through them. The loss of revs alone could kill them. Glad you didn't get in.

KCG If they announced getting the loan from JPM stock should bounce nicely.

Thanks

Ouch, nice thing to wake up to...

...I added in the 2.90's, hopefully I can get out on a bounce.

KCG I will likely add on any weakness in the morning...

...although I expect the stock will open strong...I feel this is overblown. I also heard the ceo is going to be on Bloomberg in the morning which could help calm fears.

KCG Guy Adami, managing director of stockMONSTER.com, is a buyer of Knight Capital [KCG 6.94 -3.39 (-32.82%) ]. Although he's aware of the recent trading debacle, he sees the decline as an opportunity.

Your First Move For Thursday August 2nd

http://www.cnbc.com/id/48452281?__source.

KCG Lost $300 million in value...

...still has $7.5 billion in cash

KCG Knight Capital Could Face $300 Million Loss After Trading Glitches -Fox Business's Gasparino

Last update: 8/1/2012 4:14:45 PM

Knight Capital Group Inc. (KCG) could face a loss of up to $300 million depending on the final number of trades broken after Wednesday's routing problems, Fox Business Network's Charlie Gasparino reported.
The total number of broken trades could be determined as early as Thursday, Mr. Gasparino reported.
Website: www.foxbusiness.com
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
August 01, 2012 16:14 ET (20:14 GMT)

KCG Down by a third, seems way overdone to me...

...what would they have to pay for? I guess civil suits could be an issue?

NYSE to Cancel Trades in Six Stocks After Trading Problems


Big Board operator NYSE Euronext (NYX) has announced it will cancel trades in six securities following today’s trading snafu.

The six securities affected are Wizard Software Corp. (WZE), China Cord Blood Corp. (CO), Reaves Utility Income Fund (UTG), E-House (China) Holdings Ltd. (EJ), American Reprographics Co. (ARC) and Qicksilver Resources Inc. (KWK).

NYSE has “determined to cancel all trades in the following six symbols,” NYSE said in a trader notice. “Trades executed 30% or more above or below the opening price today between 09:30:00 a.m. and 10:15:00 a.m. ET will be busted.

“This situation is still under review by all relevant regulatory authorities,” NYSE added.

Here’s a list of the symbols and the prices where the trades will be canceled:

WZE at or above $4.68
CO at or above $3.22
UTG RT at or below $0.0497
EJ at or below $3.36
ARC at or above $5.71
KWK at or above $5.91

Earlier on Wednesday, NYSE Euronext told traders it was reviewing trades in 148 symbols, executed between 9:30 a.m. and 10:15 a.m. Eastern Time.

Knight Capital Group, a trading firm, told customers to send orders elsewhere and said it was probing a software problem that affecting trading today. Shares are down 27% to $7.51.

KCG ...I don't think they'll be held responsible, NYSE just decided to cancel trades where the stock moved over 30%

I'm nibbling here, stock is cheap.

Tanker ATPG

S and P just downgraded their debt, could be on the verge of bankruptcy...

LNKD Looks like Reid Hoffmann(CEO of Netflix, on their board) sold all of his shares as well.

LOL-Started another short pos in EXPE yesterday...

...looks lofty here.

KCG Thanks

I'm going to be keeping an eye on it...they have $7.5 billion in cash with a current $700 million market cap and next years earnings are estimated to be 1.38

KCG What are your thoughts on Knight Trading here?

Will they be liable for the error and even if they are, will their insurance cover it?

Could be good for a pop from here after the dust settles.

Gapper KCG

I grabbed some MCP on the drop...

...sold a half our later, looked like a bear raid, worked out nicely.

;)

Tanker HLF

Gapper MAKO

I agree...SPX running into resistance at that 1370's high from the end of February, beginning of March, setting up a head and shoulders...

Nice one jj! You're a very consistent trader.

I definitely sleep better at nigh holding shorts overnight. There is still a lot of summer left and I don't see any reason for a big summer rally.

It's amazing to me how the markets rally so much on news like this when these moves show how desperate the worlds leaders feel about the state of the global economy. That being said, it's hard for me not to be biased considering I am currently short. Fortunately I'm short from higher levels.

NFLX red

Tanker LULU

I'm in Indianapolis with my son at the Pokemon national championship. I've been trading a bit, holding NFLX and EXPE shorts from higher areas, debating whether or not to cover this morn, but I think this spoke will be short lived. The markets have been a casino since the Internet.

Nice job on those jpm calls!

I spend the trading say sitting on a toilet.

Nice one!

NFLX yes, it a great trader ;)

NFLX have a look at the one minute.

Very often spikes in the first ten minutes or so of the day providing a great short scalp opportunity for a point or so...almost like clockwork recently.

EXPE 45.60 meeting resistance here, up a buck off lows on low volume. Could be a nice place for a shot scalp.

Ok, thanks.

EXPE NFLX Thanks ico...

...NFLX is also weak today, broke yesterday's low and can't stay above 67...a break of 65.70 could give a move to the low 64's which is where I intend to cover...how do you post those intraday charts?