  |
|
|
|
NITE: Knight Trading
This archived discussion is "read only".
» mhoulihan1 - hold or sell I have seen my shares drop by 50% since April. Any thoughts on this stock?-- posted by mhoulihan1 » Kirk - NITE chart NITE chart<img src=http://chart.neural.com/servlet/GIFChart... width=450 height=250> NITE, AMTD & SCH Chart Wasn't this a favorite of Day traders for an "investment" since they used the services of NITE and they projected their usage rates onto the rest of the country? So...mhoulihan... where is frank? 8) -- posted by Kirk » Mark_J - NITE lags in the summer months as volume dries up, and begins to NITE lags in the summer months as volume dries up, and begins to get its legs back in September. At least that's what folks say... I bought in over the summer on dips... Also, with the takeover talk in this sector, who knows what could happen.But, if the market takes a tumble then trading volume could go down. Not what most analysts are expecting, though. Most analysts are pounding the table on tech stocks and predicting a fall rally. Battapaglia and Cohen still predict Nasdaq 5500 by the time the crystal ball on Time Square comes down and ushers in 2001. -- posted by Mark_J » collguy - My top holding I love this company. It qualifies as both a growth and a value stock with a trailing PE of 13. They also are rapidly expanding into oversea markets. IMHO, it is an interesting takeover prospect as well given the consolidation activity in financial services. Online trading is a national addiction and betting on NITE is like betting on the "house".-- posted by collguy
Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
|
|
|
