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SynthTrader

01/26/11 2:51 PM

#46193 RE: Mojocash #46191

That was a "cheerleading" post. It doesn't mean anything. NITE (the financial agency called Knight Equity Markets LP working as the MM) isn't going to be "broke" based on anything that FTCH or any single penny stock does. NITE practically runs the OTC, facilitating more trading than pretty much any other MM in the sub-penny world (ETMM and AUTO are the other biggies). NITE usually represents the bids and asks from us, the retail traders. Heck, any of us can move "NITE" up and down by raising and lowering our asks or bids on these low volume stocks. So basically...that post meant nothing. It was just somebody being excited :-)