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Thursday May 4, 2006

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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