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Re: FlyingDutchman post# 26267

Sunday, 01/04/2004 11:35:59 AM

Sunday, January 04, 2004 11:35:59 AM

Post# of 396422
NITE=Knight Securities is a leading market execution specialist and probably the most influential Market Maker on the OTCBB. Many times he is the 'axe' (but not always). The 'axe' of a stock controls the price movements and accomplishes this by the shear volume of his trades. By this he dominates the other market makers in that stock. NITE is not always the 'axe', but is almost always a heavy volume hitter and a force to be dealt with. When NITE is on bid, people view it as a promising sign. JMHO
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