Liberty Star Uranium and Metals Corp (LBSR): Probably not for last week. Knight Capit...

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Liberty Star Uranium and Metals Corp (LBSR)

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Re: Milo2 post# 104181

Thursday, 08/02/2012 8:40:15 AM

Thursday, August 02, 2012 8:40:15 AM

Probably not for last week. Knight Capital however, has been a major player in the OTCBB arena also.
According to the news just a few minutes ago, it is estimated that their loss in this latest fiasco with their algorithm is about $ 440 million, with their stock down about 40 % in pre-market this morning. They're looking for additional capital to shore up their company.
After watching this market maker manipulate many companies into oblivion over the last ten years.....in my opinion......it couldn't happen to a nicer bunch of folks ( excuse the sarcasm resulting from years of frustration )
Hopefully they will get out of the OTCBB and take their algorithm trading to Timbuktu.

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