NITE

[bmarc4211]

Setravis,

Great call! 
What is the average PE for all stocks in this sector. 
Thanks in advance.

Marc

[Leaira]

I wish I still had this stock!  I held it over a month from early February to when I got stopped out of it in early March during my spring break, only to find it went right back up again by the time I got back home.  I ended up making only a few percent profit on it.    

Congrats to all who are still holding!

Leaira

[setravis]

Setravis,

Great call! 
What is the average PE for all stocks in this sector. 
Thanks in advance.

Marc

Looked it over, the best P/E average I could come up with, was 36.64
I hope I am somewhere close to being correct.

[bmarc4211]

Setravis,

Would you recommend taking a position at this PPS or wait to see if the gap fills?
Thanks again.

Marc

[setravis]

Setravis,

Would you recommend taking a position at this PPS or wait to see if the gap fills?
Thanks again.

Marc

I think I would wait to see how this large gap up is going to play.
Some good old profits takers may step in this week.,she just may fill the gap.
See how it plays tomorrow morning....
The MM's may push it back down there to get some cheaper shares.
I am thinking pullback/dip,which would be a nice entry point.....

Price Performance
4 Week.......25.5%
13 Week......61.5%
26 Week......87.4%
52 Week......108.9%
YTD.............73.5%

Barchart on NITE
Buy across the board

Composite Indicator
TrendSpotter (TM) Buy

Short Term Indicators
7 Day Directional Indicator Buy
10 - 8 Moving Average Hilo Channel Buy
Price vs. 20 Day Moving Average Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy
Price vs. 50 Day Moving Average Buy
20 - 100 Day MACD Oscillator Buy
50 Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy
Price vs. 100 Day Moving Average Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy

Overall Average: 100% - Buy

[Terliso]

Looks like NITE made another BREAKAWAY GAP... If NITE will continue going higher this coming weeks it will continue going up & never look back (Uncharted Territory)   Great pick!!applaud

[setravis]

Lots of Cash........
This company is a top market maker in equities and seems poised for rapid growth.
Blow out revenue and earnings increase... At this clip they might do $1.88 or better for a year.NITE is way too cheap here regardless of what other brokerage stocks do. With earnings like NITE just posted

Knight Capital Group Inc. one of the largest traders of Nasdaq-listed shares, first-quarter profit surged, helped by increased automation and a strong market environment.
The New Jersey-based company, which last year changed its name from Knight Trading Group Inc., reported net income of $49.1 million, or 47 cents a share, up from $5.8 million, or 5 cents a share, a year earlier.

Excluding a charge of 5 cents a share related to costs associated with excess real estate capacity, earnings for the quarter were 52 cents a share. Analysts polled by Reuters Estimates, on average, expected 29 cents a share excluding one-time items.
Revenue more than doubled to $276.5 million.

Volume: 2,013,173
Avg Vol (3m): 1,813,340

Technicals
Close Above the 50-day EMA

Last Price Quote is:
3.74%above 13-day EMA
6.91%above 50-day EMA
RS Rating: 93 

Fundamentals
Key Data:
Market Cap (M): $1,647.15 
P/E Ratio: 14.93 
PEG Ratio: 1.25197 
Next Earnings: 07/19/2006
Last Analyst Rating: Overweight

[Terliso]

BUSINESS SUMMARY   
Knight Capital Group, Inc., together with its subsidiaries, provides trade execution and asset management services in the United States. It operates in two segments, Asset Management and Global Markets. The Asset Management segment operates as an investment manager, as well as sponsors hedge funds. This segment primarily serves institutions, funds-of-funds, pension plan sponsors, trusts, endowments, and private clients. The Global Markets segment provides a range of customized trade execution products and services across various asset classes for broker-dealers, institutions, and issuer companies. This segment's institutional products comprise trade execution solutions, block trading, program trading, international equities, special situations/risk arbitrage, soft dollar and commission recapture programs, corporate services, technical research, and direct market access. Knight Capital Group was founded in 1995 under the name Knight/Trimark Group, Inc. It changed its name to Knight Trading Group, Inc. in 2000 and to Knight Capital Group, Inc. in 2005. The company is headquartered in Jersey City, New Jersey


Shorting NITE tomorrow morning
wish me luck!!!

[Terliso]

Shorted nite @ $15.00

[Terliso]

Will cover @ $12 or above $11 if I have the chance..

I don't think Market will turnaround soon, there is no signs of bulls, it is all BEAR POWER baby!!

[Terliso]

Shorted nite @ $15.00

If this thing goes down @ 13.50 today I will cover now

[Terliso]

NITE is getting hammered

[setravis]

Press Release Source: Knight Capital Group, Inc.


Knight Capital Group to Acquire ValuBond Fixed Income Electronic Platform
Monday July 10, 6:15 am ET 
All-cash acquisition expands Knight's fee-based electronic access solutions into the fixed income asset class


JERSEY CITY, N.J. and ATLANTA, July 10 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (Nasdaq: NITE - News) today announced that it has agreed to acquire ValuBond, Inc., a privately held firm that provides electronic access and trade execution products for the fixed income market.


"Knight is excited to provide electronic access in the fixed income market for our clients through ValuBond," said Thomas M. Joyce, Chairman and Chief Executive Officer of Knight Capital Group. "Fixed income is a vast and growing asset class still largely untouched by automation within the broker-dealer space. However, multi-asset class diversification and technology trends are fueling demands by investors for the same fast, efficient trade execution in fixed income that they have come to expect in the equities market. We believe our clients will increasingly want to provide electronic access to fixed income, from the same platform that they can access other asset classes like equities and foreign exchange."

"Knight is the ideal partner for ValuBond," said John W. Pigott, Chairman and Chief Executive Officer of ValuBond. "We look forward to uniting ValuBond's robust front-end trading applications and ECN with Knight's world- class trading infrastructure, broad footprint in the broker-dealer space, and similar unconflicted and client-centered strategy. Our clients will immediately benefit from our increased ability to offer real-time electronic trading. With Knight's support, ValuBond can better execute on its strategy of bringing electronic trading solutions to the fixed income market."

Atlanta-based ValuBond provides an electronic trading platform and trader and broker workstations for fixed income securities, as well as advanced trading technologies and infrastructure through its wholly owned subsidiary, ValuBond Securities, Inc. The firm's comprehensive fixed income technology helps streamline trading processes, increase efficiency, automate workflows and strengthen client relationships. ValuBond's technology solution includes live secondary trading of treasury, corporate, agency and municipal bonds, and it enables access to new issues, news, commentary and tools which may be privately labeled and fully integrated into a client's website.

"ValuBond, like Knight, has grown its business by focusing on client needs -- in ValuBond's case, customization, workflow efficiency and price transparency," said James P. Smyth, Senior Managing Director and Head of Knight's Broker-Dealer Client Group. "Furthermore, ValuBond's broker-dealer client base complements Knight's and opens up natural cross-selling opportunities which will propel both ValuBond's fixed income business and our current offering."

Knight agreed to acquire ValuBond in an all-cash deal for $18.2 million. The close of the transaction is subject to receipt of appropriate regulatory approvals and is expected to be completed within six months. Upon the close of the acquisition, ValuBond will operate as a separate subsidiary of Knight, and Mr. Pigott will report to Mr. Smyth. ValuBond has 18 employees. The acquisition is expected to be cash flow positive in 2007.

The advisers to Knight on the transaction are Skadden, Arps, Slate, Meagher & Flom LLP. Advisors to ValuBond are Sparring Partners and Paul, Hastings, Janofsky & Walker LLP.

About Knight

Knight Capital Group, Inc. (Nasdaq: NITE - News) is a leading financial services firm that provides comprehensive trade execution solutions and asset management services. Our Asset Management business, Deephaven Capital Management, is a global multi-strategy alternative investment manager focused on delivering attractive risk-adjusted returns with low correlation to the broader markets for institutions and private clients. Our Global Markets business provides a broad range of customized trade execution products and services across multiple asset classes for broker-dealers, institutions and issuer companies. We continually apply knowledge and innovation to the trading and asset management processes to build lasting client partnerships through consistent performance and superior client service. More information about Knight can be found at http://www.knight.com .

About ValuBond

ValuBond, Inc. provides trading technologies for the fixed income product market, including an electronic trading platform, broker workstations and professional trader workstations. The broker and trader workstation solutions include electronic secondary trading, new issues, news, commentary, analytics and tools, and they are contained in a customizable user interface which can be fully integrated into a firm's IT platform. ValuBond is based in Atlanta, Georgia, and operates through its wholly owned subsidiary, ValuBond Securities, Inc., which is a licensed Alternative Trading System, a broker- dealer and a member of NASD, MSRB and SIPC. For more information, ValuBond can be reached by email at [email protected], on the web at http://www.valubond.com , by phone at 800-373-9478 or by fax at 404-260-5280.

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission including, without limitation, the risks and uncertainties detailed under the headings "Certain Factors Affecting Results of Operations" and "Risks Affecting our Business" in the Company's Annual Report on Form 10-K.
--------------------------------------------------------------------------------
Source: Knight Capital Group, Inc.

[setravis]

AP
Knight Capital to Buy ValuBond
Monday July 10, 8:00 am ET 
Knight Capital Group to Acquire ValuBond Fixed Income Electronic Platform for $18.2 Million


JERSEY CITY, N.J. (AP) -- Financial services firm Knight Capital Group Inc. said Monday it agreed to acquire ValuBond, Inc., a privately held firm that provides electronic access and trade execution products for the fixed income market, for $18.2 million in cash.


The deal is expected to close within six months, pending regulatory approval, and is forecast to be cash flow positive in 2007.

The company said the acquisition expands Knight's fee-based electronic access services into the fixed income asset class.

Thomas M. Joyce, chairman and CEO of Knight Capital, said, "Fixed income is a vast and growing asset class still largely untouched by automation within the broker-dealer space. However, multi-asset class diversification and technology trends are fueling demands by investors for the same fast, efficient trade execution in fixed income that they have come to expect in the equities market. We believe our clients will increasingly want to provide electronic access to fixed income, from the same platform that they can access other asset classes like equities and foreign exchange."

Atlanta-based ValuBond provides an electronic trading platform and trader and broker workstations for fixed income securities, as well as advanced trading technologies and infrastructure through its ValuBond Securities unit. The firm's fixed income technology helps streamline trading processes, increase efficiency and automate workflows.

ValuBond's technology includes live secondary trading of treasury, corporate, agency and municipal bonds, and enables access to new issues, news, commentary and tools which may be privately labeled and fully integrated into a client's website.

ValuBond, which has 18 employees, will operate as a separate unit of Knight, and current chairman and CEO, John W. Pigott, will report to James P. Smyth, senior managing director and head of Knight's broker-dealer client group.

[usedcasting]

Up 8% pre-mkt.

Here comes the Nite

uc.

Knight Capital Swings to 2Q Profit
Wednesday July 19, 7:44 am ET
Kinght Capital Swings to 2nd-Quarter Profit, Trumps Wall Street Expectations

JERSEY CITY, N.J. (AP) -- Asset manager Knight Capital Group Inc. said Wednesday it swung to a second-quarter profit on an 83 percent jump in revenue, and soundly beat Wall Street's consensus expectations.

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Net income for the quarter ended June 30 totaled $30.3 million, or 29 cents per share, compared with a loss of $5.6 million, or 5 cents per share, in the year-ago quarter. Revenue climbed 83 percent to $204.6 million from $111.7 million.

Analysts polled by Thomson Financial forecast more modest earnings of 19 cents per share on revenue of $174.9 million.

Chief Executive Thomas M. Joyce said all the company's segments performed well as the company diversifies and adds businesses to its portfolio. Revenue from commissions and fees, trading, asset management and investment income all rose. The global markets segment reported revenue of $182.1 million, 85 percent higher than the year-ago quarter. Global markets includes broker-dealer, institutional sales, direct market access and foreign-exchange trading.

The asset management segment posted revenue of $14.1 million, up 80 percent from the year-ago period.

The company bought back 1.4 million of its shares for $23.4 million during the quarter.