Knight Capital: Rats jumping ship
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!
