Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (54260)	4/6/2000 10:38:00 AM
From: Kevin McKenzie	Read Replies (1) of 122087

Anthony, I have a very basic question about short-selling. I would love to start shorting more, but it seems like the execution time on a short is always abysmal. I placed an order to short MLNM at a limit of 177, when the stock was selling at 178 to 179, it even hit 180. I'm sure there are shares available to me, because I have already shorted it once today and that's the way my broker works (once you have shares available to short, you have them available for the remainder of the trading day). My 177 short just sat out there while tens of thousands of shares traded above that price. I know, had a placed a buy order at 180, I would have been filled immediately. This seems to be the rule, rather than the exception with shorting. My brokers take their own sweet time getting the short through. Is this the way it works for you? When you place a short with a price at or below the bid, do you get immediate execution most times? Any suggestions are greatly appreciated. Thanks, Kevin

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