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My initial skepticism makes me want to think this was maliciously orchestrated. Where one firm stands to lose, someone else would undoubtedly gain.
by brianbreslin 14y ago
My initial skepticism makes me want to think this was maliciously orchestrated. Where one firm stands to lose, someone else would undoubtedly gain.
- fr0sty 14y agoInteresting theory, but there is no implicit parity between # of winners and # of losers. Whereas 1 firm lost $440M there were thousands (maybe tens of thousands) of firms and individuals that made hundreds or thousands of dollars.
- jonknee 14y agoUnless someone comes in and scoops up Knight for cheap--the stock is trading down 65% or so over night.
- justincormack 14y agoThey are out of cash apparently. Likely to be sold or file for bankruptcy shortly it seems.