Replies to post #12022 on Remote Dynamics Inc (RMTD)

[ICEQUITY]

"gave no explanation for the departures" Thats exactly what I'm saying....

Total Volume for NITE in 2009 for all OTC trades
NITE - Knight Capital Americas, L.P.
Total Share Volume 102,111,888,865

RMTD was like 11%
Other Stock was like 21%

Why do you think those Execs left NITE?

Shiet is about to hit the fan for all the shares they Naked Short Sold ~IMO
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=mp&Issue=NITE&SortBy=volume&Month=12-1-2009&IMAGE1.x=22&IMAGE1.y=10

And the exodus begins... Electronic Trading Execs Resign at Knight Capital Group http://t.co/2NkO8Ay via @IREQUITIES


Quote:
Electronic Trading Execs Resign at Knight

March 1, 2011
Tom Steinert-Threlkeld
Two managing directors have resigned their posts in the Electronic Trading Group at Knight Capital Group.

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Jamil M. Nazarali resigned from his position as senior managing director and global head of Knight's Electronic Trading Group. In that capacity, he oversaw all of Knight's automated trading, worldwide, according to his company biography.

Also resigning Monday was Matt Cushman, a managing director in the group, specializing in quantitative strategies.

Knight, in its official statement on the resignations, gave no explanation for the departures. The company said it would "immediately commence a search" for a replacement for Nazarali.

Steven Sadoff, Executive Vice President and Head of Operations, Services and Technology, at Knight will oversee the Electronic Grading Group in the interim.

Nazarali helped start ETG when he joined the firm in 2000 and oversaw its growth in automated trading since then. Among Mr. Nazarali’s responsibilities is Knight Link, one of the largest sources of off-exchange liquidity in the U.S. equities market.

Nazarali joined Knight from Ernst & Young, where he was a management consultant.

Nazarali has been the chairman of the New York Stock Exchange Electronic Trading Advisory Committee.

Knight Capital Group provides access to capital markets across multiple asset classes to trading firms and corporations.

[m0n]

PT, ICE posted about this a while back. In 2009 11Billion+ shares traded by NITE and it doesn't add up, which means naked shorting was done. Now w/ this new rule that started on the 26th, you have 13 days to return/cover those shorts. I m pretty sure this is what ICE is trying to say. Plus if the amount of shares locked up are 98% the word powder keg does mean something. If you look thru ICEs posts, he broke it down really well about the total shares traded etc...etc...and the 32% total volume traded out of 10,xxx stocks. The other symbol is HES--G