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SOUTHGAS

06/28/11 7:50 PM

#6871 RE: trader353 #6870

I just googled that and the answer I got was that NITE is a shaker and he could be leading a dip we see trying to scare sellers to his buddies SCHB or TDCM on the bid.It also said some of the big shorter are JIMK,POND,GNET,AN ARCA.I am just repeating what I read TRADER and basically what I got from the blog is that NITE is the king of OTC stocks when it comes to the MM'S.This is one thing I am learning more about but I still cant get level2 on TD ameritrade to come up on these penny stocks in order to study it.Thanks for sharing the fact about it was just a few traders at the end of the day that messed us up.I didnt get to watch it today at power hour .Thats a relief of sorts to me anyway.
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DC4

06/28/11 9:22 PM

#6876 RE: trader353 #6870

NITE is actually a guy named Nite A Rider. He is a billionaire and controls A LOT of shares in the market.













No really...its Knight Securities. They control A LOT of the OTC market.