Nite is the leader and as it gets more exposure,
it is going to rocket upward much more. Also, it is
due along with egrp, amtd, and sch for a 2 for one
split. Past due, I should say. This stock is going to
hammer upward very shortly, and surpass, yes, surpass,
even the online brokers.... Its in a class by itself,
and being the biggest Market Maker on the nasdaq,,
(not to mention its chunk in the NYSE and OTC
stocks),let me ask you!!! is volumn in the nasdaq going
down??? the hottest tech sector in stocks??? he he he he
See you after the split....
In my opinion, here are the reasons why one
should hold NITE long and see great return on
1. Nite is a leader in its GROWING field.
Mite's performance is a reflection of its experienced
management. Kenny Pasternak has been an expert in the
field-long before Knight was ever created.
3. Nite is
opening operations in London NOW.
4. The Nasdaq and
NYSE are looking to extend trading hours in the next
half a year. This means that allot of media attention
will be given to this event. Guess who will get
exposure and stay open for many more hours of
5. Nite has consistently beaten the most optimistic
6. Nite has developed and is
developing new internet based, trading software that will
revolutanize the industry and create for itself a larger
7. In addition, they will continue to
expand their cusomer base due to their ability to give
best liquidity at the cheapest transaction
8. They have 100 million more from the secondary to
buy out and expand their operations.
9. The stock
has hit a new high EVERY DAY in the last week. Based
on technical analysis of the graphs of the stock, it
looks like nite has a long way to go.
Institutions are still not selling Nite. If they were, their
computer selling programs would cause the bid and ask
price to be more closely matched. If you look at the
last week-the spread has been very wide.
management still ownes a huge stake in this company. This
has created super-dedicated employes.
12. Nite is
severly undervalued if one compares it to AMTD or EGRP.
13. Nite has low overhead-as it operates out of
Jersey City, NJ and does not have to pay NY City
14. Nite is opening up a new options/futures market
next year. This will result in great new
15. Nite has still not been discovered by the media.
In comparison to its sector-SCH, EGRP, AMTD. As it
gets more exposure, as it has in the last month, we
will only see the daily volume rise and the stock
16. As the NASDAQ and NYSE start
staying open for longer hours, the smaller market makers
will feel staffing pressure and inefficiency due to
economies of scale. They will be forced out buy the bigger
guyes. Nite is the biggest.
Guys (and gals),
I like what I see in
NITE. I rode ABOV from 47 to 115 and just left JBOH
today and am looking for another good mover. NITE looks
great and the posts on this board are very informative.
The only weakness I see is when people start saying
"$___" by such and such a date. Let's keep the momentum
going and be happy with the daily and weekly gains and
look forward to the earnings and hopefully split. I'm
in long starting monday
It is rare to see a split announced this close to
earnings. I do think will we get a 2 -1 with earnings and
another 2 -1 in October. This stock is following the
pattern of AMTD with a 3 day lag. I see it at $120 + on
earnings. Next week is going to be very good for us. Gap up
Monday morning. $100 on Monday or Tuesday at the latest.
Also, it should help us if the brokers accounce a split
- AMTD, ACH, and EGRP to an extent are all ready to
split. Anyone waiting to buy this stock at $60 is going
to have to wait until the 2nd 2-1 split at the end
of this year.