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Howard Lindzon Buying Knight Capital Group (NITE) Today

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Hedge fund manager and entrepreneur Howard Lindzon added Knight Capital Group (Nasdaq: NITE) to his portfolio today. Lindzon said that he was adding Knight Capital to his breakout momentum portfolio. Lindzon focuses on stocks that are at 52-week highs and appear to be breaking out.

Knight Capital is currently trading at $21, just $0.82 shy of its 52-week high.

 

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Posted-In: Howard LindzonLong Ideas Trading Ideas