Unknow risk in market (not white knight)


GOOD:  Capital markets are working

BAD:  Facebook IPO and now Knigh Capital impacted by  tech issues

UGLY:  Knight, which lost $440 million after a software glitch flooded the stock market with errant trades on Wednesday.

BOTTOMLINE:  Who knew tech issues could be such as big issue in stock market.  Little investor just need to know you risk could equal ending up with zero USD in market!

 

One private equity investor said he suspects that eventually Knight will get broken up. “Knight has many more businesses than just the equity market making business. Some are good and some are not,” he said. “I’m not sure who would want them all.”

Read more:  http://www.reuters.com/article/2012/08/03/us-knightcapital-loss-idUSBRE8710PG20120803

Happy Investing and Networking,

JD Morris

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Filed under Humor, Investor Network, News of the Day

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