Fri, Jan 30, 2015, 9:05 AM EST - U.S. Markets open in 25 mins.


% | $
Quotes you view appear here for quick access.

KCG Holdings, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pmoishe pmoishe Dec 19, 2009 12:50 PM Flag

    Nite is really taking off today

    Here's the problems with the fundamentals:
    1. Margins declining. NITE trades huge volumes of low priced stocks and the spreads have dramatically narrowed.
    2. New biz initiatives, by Joyce's own admission, will not kick in any earnings for 2-3 years.
    3. Potential for a transaction tax imposed by Congress on all trades over $100k.
    4. Potential for much more regulation of financial markets including new Glass-Steagall Act.
    5. Dark pools and flash trading to be regulated. NITE is a big player.
    6. Liklihood for a takeover (the stock IS cheap) diminished as most potential acquirers will not play in this regulatory environment.

    You are correct, the stock is cheap with lots of cash and little debt, but until the big overhanging questions are resolved, this stock is unlikely to make a big move. Only a small snap-back.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
12.28Jan 29 4:05 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Core Laboratories NV
NYSEThu, Jan 29, 2015 4:00 PM EST
ImmunoGen, Inc.
NASDAQThu, Jan 29, 2015 4:00 PM EST