8.02.2012

Knight Capital: Rats jumping ship


Knight Capital’s Punishment: Free Market Justice at Its Best

Excerpt:
Knight has been harshly punished for its mishap. The company lost over 30% of its value on Wednesday, another 50% today, and has been forced go hat-in-hand in search of a cash infusion or acquirer. Knight Capital is fighting for its survival. There isn't a regulatory body on earth capable of meting out justice with such merciless efficiency.
Comment: Avoid at all costs!

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