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KCG Holdings, Inc. Message Board

  • market_swami market_swami Aug 1, 2000 11:56 PM Flag

    Why short NITE?!

    I am a short seller myself, but I am long nite. I
    mainly stick to shorting pump and dumps and over
    inflated crap like KREM. How far can NITE sink? I am
    sorry, but I do not see how one can short a stock with
    such upside potential as NITE? Nite has a lot of cash,
    and it continues to make more and more money every
    quarter! Let's face it: NITE is reinventing itself to make
    money in light of ECN's etc. Soon enough the market
    will realize that NITE will continue expanding, and
    will not be left in the dust. That can happen any day.
    Fundamentals usually prevail. Shorts usually use this to their
    advantage.

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KCG
10.82-0.28(-2.52%)Sep 15 4:04 PMEDT

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