Replies to post #5508 on Avix Technologies, Inc. (AVIX)

[ripster]

see the note on NITE? I guess the guy who wrote that code will be back to working at MSoft.

http://blogs.wsj.com/marketbeat/2012/08/02/knight-capital-trading-error-cost-firm-440-million/?mod=yahoo_hs

maybe they can make it back by shorting AVIX?? ;-)

[roklin]

Tony explained it very well. A shorter selling the the stock today at $0.0135 and buying it when it goes back to $0.007 (which is likely with this stock) has doubled his money. Even if it just goes back to a penny he has made a 35% profit. There's enough volume in this stock to take such a risk if one was inclined to short it.