Oh, one thing about KNI, Credit Suisse bought massive parcels, on market, on listing day and the few days following, driving the frenzy, then sold everything at a huge profit, it plummeted (from its high), so they bought it back, driving it back up again, before ultimately selling out. Amazing what institutional money can do for market volatility.
They knew it was worth more than IPO but realised it hit ridiculous values, so took a quick profit. Watch it steadily come back down into the mid $1 range, or lower.
They also had greater insight as to what was going on behind the scenes.
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