NITE (KNIGHT CAPITAL GROUP, INC. )
'KNIGHTS TALE'
"I was right about NITE being a buy, but wrong about its regulatory nightmare.
Sometimes, even on mad money, perception lags behind reality.
In my first book, confessions of a street addict, I eviscerated this company.
NITE is the biggest market maker - well, one of them - in the
world. They're huge in the NASDAQ and the over-the-counter
markets.
In 2002, NITE was accused of fraud by the NASD. That's why I thought they were still looking like a regulatory nightmare.
I still gave the stock one tepid thumb up, but now I know that the regulatory stuff - well, it's done, it's cleared up.
So now I'm giving it an emphatic two thumbs up, way up.
NITE is a double buy.
I think NITE is back on track.
But that's not the best part of it. NITE has a hedge fund buried
inside of it. They model stocks in flow and that makes money for
the shareholders.
The bottom line!: NITE - Cheapest broker in the world. And
it's cheap because of an undeserved stigma that I helped
perpetuate. That stigma - she's wrong! The regulatory
problems are behind them! And now I think you should take
advantage of that false perception and buy NITE! Buy them while they're
still cheap."
FROM
THURSDAY NIGHT'S (5/4/2006) SHOW:
Lightning Round
Planting The Seed
Knights' Tale
Active Voice
FROM
WEDNESDAY NIGHT'S (5/3/2006) SHOW:
Lightning Round
To Russia With Love
Oil Slick
FROM TUESDAY NIGHT'S (5/2/2006) SHOW:
Lightning Round
Tooling Around
Gene Mapping
Cable Ready
FROM MONDAY NIGHT'S (5/1/2006) SHOW:
Lightning Round
Old
Train Reaction
King Corn
Viewer Call-in (non-lightning round segment)
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