Knight Capital Group Inc. (NITE)

All Comments on NITE

  • commenter
    Sep 15 09:29 PM
    When Energy Goes Lower - Fast Money Recap (9/10/08) [view article]
    Following the fast money crowd is like talking to drunks, the story changes mid conversation, and for no apparent reason. Why would be care what they think? Reply
  • commenter
    Sep 11 01:09 PM
    When Energy Goes Lower - Fast Money Recap (9/10/08) [view article]
    As for Lehman Bros. one can see how the Federal Government is so slow in acting. They seem to love crisis. They should march in immediately and put it in receivership. Do the financial work and disolve the company.
    That would be good management of the economy and would show that the government is on top of things.
    This will not happen because they need as much time as possible to work out a plan to save the investors. Or better know as socialism for capitalist.
    Reply
  • commenter
    Aug 14 04:23 PM
    Thursday Options Outlook: WPI, ADSK, DNA, NITE, LEN, CTRP, FRX, IDCC [view article]
    just read this again

    "opening long positions here would mesh well with a trend we’ve seen consistently this week of traders extending defensive positions further into late 2008/early 2009"
    Reply
  • commenter
    Aug 14 03:18 PM
    Thursday Options Outlook: WPI, ADSK, DNA, NITE, LEN, CTRP, FRX, IDCC [view article]
    Please simplily for me, is this pos. or neg. for LEN? Reply
  • commenter
    Aug 14 03:17 PM
    Thursday Options Outlook: WPI, ADSK, DNA, NITE, LEN, CTRP, FRX, IDCC [view article]
    In english, is this positive or negative for Lennar? Reply
  • commenter
    Jul 16 11:55 PM
    Wall Street Breakfast: Must-Know News [view article]
    The metals stock to buy immediately as it goes into its exponential earnings announcement soon to come: SID (CSN)...Latin America Jack Dzierwa discussed ideas about how to play Brazil's public-works endeavor, starting with Companhia Siderurgica Nacional (SID:companhia siderurgica nacion sponsored adr
    News, chart, profile, more
    Last: 40.12+0.48+1.21%

    Known on exchange as SID

    4:02pm 07/16/2008

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    SID 40.12, +0.48, +1.2%) , the country's third-largest steel producer.
    "You need steel" no matter the improvement project, the fund manager said. Steel producers comprise the largest portion of the portfolio, at about 9% of assets. "What's most important," Dzierwa noted, "is that this is a fully-integrated steel company. CSN has its own internally generated iron ore -- and we've seen how iron ore [prices] have been behaving -- in addition to steel."
    Iron ore is the key material used to make steel, and its largest producers -- Brazil's Companhia Vale do Rio Doce and Anglo-Australian mining firms Rio Tinto and BHP Billiton Ltd -- have boosted their prices by at least 71% over the last year.
    "[CSN] is producing steel at the same time as raw material, so it is not exposed to price fluctuations," Dzierwa said. "It helps manage margins much better than if you were at the mercy of an outside supplier."
    Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:18 AM
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    General Discussion on NITE
    Is this a buy or a sell? Reply
  • commenter
    Aug 13 03:50 PM
    Knight Capital Group: A Cash Heavy, Unleveraged Financial Play [view article]
    Are you including "securities owned, held at clearing brokers" as part of their cash balance? I believe that is really just part of their market making operations and not "cash balance". If this is true, then their true cash on the balance sheet is more like $125.6MM vs. your estimation of $565MM... Having said that, I am no expert on NITE and could very well be wrong. Reply
  • commenter
    Aug 13 03:44 PM
    Knight Capital Group: A Cash Heavy, Unleveraged Financial Play [view article]
    I don't see the market making portion of the firm as an acquisition of an exchange. They may have an interest in the Direct Edge ECN, though that interest may not be on Knight's side considering the recent announcements about it.

    What portion of the cash you mentioned is free and what portion is regulatory capital tied to the Market making business? Also, does their hedge fund manager have any of the strategies that caused the losses at some of the quant funds? Finally, what was the catalysis for the stock's recent sell off.
    Reply