Leap Wireless International (LWIN) Message Board

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Technology Stocks : Leap Wireless International (LWIN)

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To: Pierre who wrote (1244)	2/4/2002 9:17:20 PM
From: pcstel	Read Replies (2) of 2737

Pierre: I guess we finished up for the day! I saw the CNBC ticket go by and sure enough. $10.90 host.wallstreetcity.com Been watching the open on this stock. Without fail. It opens with a 40 to 50 thousand share Market sell. Pushes the share price down 50 or 60 cents in the first few minutes. Sets up a day of lower priced accumulation from the panic crowd. Today. We opened at $10.86 and in 3 trades and 32,000 shares later we were at $10.11. All 3 trades sold at Market!! I mean who sells that many shares that fast at the open when buy side share liquidity is usually lower than normal? Someone selling a block of 5,000, 8,900, and 17,800 should have a little patience on the sell side! Not MARKET! IMO. PCSTEL

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