Thursday, October 1, 2009
Knight Capital Grabbing Share from Rivals
Knight Capital Group (NITE: Nasdaq) is another small cap name from our recent idea forum. The company has seen its trading volumes jump dramatically in recent months and with retail coming back to market the prospects look bright. NITE offers the best trade execution at the lowest available price. The firm has gained share and is now moving into Europe and Asia. The presenter thinks the stock can move to high $20's from $21 currently, based on earnings and comparison to peers.