KCG - Knight Capital Group - Up Up and Away

$KCG today went to 2.70 - 2.71 - I was thinking wow not much volume and the stock is so cheap. I told some peeps to buy some. They are so many eyeballs (big institutional) watching this stock. Knight Capital Group has traded like a falling daytrade. I'll explain - when long a stock and it's flying high things are great, then all sudden it reverses and starts to go down. Like RGEN yesterday traded up to 6.37 and reversed - This happens everytime - it goes down and when approaches the 6.22 mark will break down further to the teens then cracks 6.10 - and all the shorters stack up and buy at 6.09, 6.08, 6.07 - (smart money buys on way down, and sells on way up) then it firms up and goes back to 6.12. Two minutes later retests the 6.07 and breaks toward 6.05, 6.04 - once it hits there the fast selling comes in and you can see the huge size on the bid at 6.00 - at this mark it gets very fast and takes out all the 6.00 and then does the same thing - all the shorters cover 5.99, 5.98 5.97 - it touches back to 6.00 then gets walloped to 5.90 and takes that out then to 5.80 and takes that out then to 5.75 range where it starts to consolidate from overselling. Over next day or so it drops further to 5.70 to 5.60 to 5.50 5.40 - this is where I bought today at 5.43 and sold later in the day at 5.60 (made .17 cent daytrade profit) - Now it will whipsaw around but my point is at these even numbered marks stocks always react this way and its no different for KCG. The stock went from 4 to 3.50 to 3.00 - the smart money covered 2.99,2.98.297 - it bounced back over 3.00 and then dropped to retest the 2.97 and went to 2.90 then 2.80 then 2.70 - this was the bottom 2.70 as today it ran from 2.73 to 2.84 on huge volume very fast. The day this trades 100MM shares and it will again it will go up 1.00 in one day. That puts it at 4.00 and the next day 1.00 more ot $5.00 - may even go three days to 5.50 $6.00 range, IMO of course.

My previous post

Here is what going on with KCG IMO - Stock plummetts - everyone stuck with huge margin calls - they can delay and strectch it a month and have to either sell it or come up with $$$$$. Usually its sold at lowest levels - The big players do this on purpose to hold it down and collect all this cheap stock then in a week or two after the month is and your stock is gone it runs right back up close to where it plummetted. Your like WTF - I just lost all my money and a month later after I sold it's right back. A prime example is ES - look at the chart on this and the chart on KCG and the timelines.

KCG BUY TARGET = 2.75 to 2.85 - stop loss 2.40

KCG SELL TARGET = $5.50 to $6.00