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Message Boards Settings Knight Trading Group Inc. (NITE) - Quote Info
Attention all NITE shareholders! (important info)     15-Sep-09 12:37 pm    
this is the story:
there is a stock on otc that is called spongetech or symbol SPNG, there was a headline out for that company dated Aug 31st as follows: SpongeTech(R) Delivery Systems, Inc. (SPNG) Squeeze Trigger Price is $0.09. Approximately 972 Million Shares Shorted Since December 2006 According to Buyins.net Research Report - , i read this report and saw that knight was the biggest player in this game, so when ppl nake short NITE is reasponsible to deliver those shares, if those shorters run out of cash, O/S for spng is Maximum 722 million, they are a big group of longs in that stock, believe it or not they wont sell any shares for less than a dollar, so here is my question, those shorters will NOT be able to cover, so is nite in for a huge loss??? i believe so and that's why i actually shorted this stock today, but maybe i am wrong. do your own DD'S before shorting it.
hope this helps


Sentiment : Strong Buy
Rating :
 (20 Ratings)
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biggyjiggy@...

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  Subject Author Rating Time of Post (ET)  
 
Attention all NITE shareholders! (important info)
biggyjiggy@... 15-Sep-09 12:37 pm  
 
NITE is manipulating SPNG! which is illegal check ...
biggyjiggy@... 15-Sep-09 12:40 pm  
 
My friend, you are going to learn a terrible lesso...
jcbrowns 16-Sep-09 08:00 pm  
 
what a terrible lesson i warned you back at 2...
biggyjiggy@... 24-Nov-09 02:57 pm  
 
TOTAL LOSER INDEED. I CAN'T WAIT FOR TH...
mingy_m (1 Rating) 25-Nov-09 04:01 pm  
 
NITE IS DOWN ALMOST 40% SINCE YOU SAID THAT. ...
mingy_m (1 Rating) 25-Nov-09 04:00 pm  
 
Nice call guys! Very interesting...
lucid_v0a (1 Rating) 25-Nov-09 07:17 pm  
 
...
biggyjiggy@... 23-Oct-09 03:21 pm  
 
i can't open the link, how do I see it?
mingy_m 27-Oct-09 06:33 pm  
 
Bumpers
rush12311
Online Now
3-Nov-09 11:55 am  
 
oh thought of BUMPing this post, but its alre...
sphere_cent...
Online Now
3-Nov-09 12:06 pm  
 
Oops... meant, push the "post" down.
sphere_cent...
Online Now
3-Nov-09 12:16 pm  
 
get your short positions in before SPNG issues the...
whiplash_in... 3-Nov-09 12:37 pm  
 
oh yea bro
biggyjiggy@... 24-Nov-09 02:58 pm  
 
oops...
smellyrose@... (2 Ratings) 24-Nov-09 08:17 pm  
 
Do you think you are fooling anyone by going ...
tollllsname (1 Rating) 25-Nov-09 10:45 am  
 
SpongeTech directors are under the microscope, Ch...
joebags61 25-Nov-09 06:18 pm  
 
cant stop laughing at loosers here... i warned you...
biggyjiggy@... 25-Nov-09 07:41 pm  
 
Congress may pass a transaction tax that hurt...
pph47 25-Nov-09 08:28 pm  
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Knight Capital Group Inc. (NITE)

Chart for Knight Capital Group Inc. (NITE)
On Dec 30: 15.60 Up 0.14 (0.91%)
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