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Technology Stocks : Leap Wireless International (LWIN)
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To: J.B.C. who wrote ()10/29/1999 12:58:00 PM
From: a.m. fisher  Read Replies (3) of 2737
 
I'm a long term LWIN holder and a novice shorter, but I decided to short this today, just a few shares, to give it a try because I thought LWIN was a good short term short candidate.

Anyone here who has experience shorting, I have a question:

Seems to be today a base forming at 42.25 ... is that base forming from short covering or are the shorts shorting more at this price or is there a battle going on there between the shorts and the longs? Obviously this isn't a question about the stock fundamentals ( I don't want anyone to say, "how can you short this ... all the fundamentals are there") because obviously I like the fundamentals or I would have sold the stock. It's a question about shorting, which I've never done before. Trying to time my buy back to cover and learn something in the process.

Any responses are appreciated.

A.M.
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