SUTI .0195 Last email before SUTI news. SUTI - A Knight in shining armor Well actually Knight Securities needed a knight in shining armor today which announced a technical glitch yesterday costing them over $440 Million in losses and are on the verge of bankruptcy. No doubt this has cause disruption in the normal trading of today session.
Knight Fighting for Survival As Several Big Clients Defect
Many brokers were restricted on buying securities through Knight, while selling was permitted. It definitely put some pressure on the markets today being that Knight Securities was one of the largest market maker.
What it did do, is create an enormous opportunity to get super cheap shares which would otherwise not be available under a normal trading day. SUTI definitely was one that creating a HUGE buying opportunity today. Smart buyers took the opportunity to add to their position. With markets normalizing over the next few days, this is a prime opportunity to add a super low values.
SUTI is on the cusp of a major announcement, and with a special meeting tomorrow, members definitely want to pay close attention for our updates.
