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Technology Stocks : Micron Only Forum
MU 223.79+7.9%3:59 PM EST

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To: TREND1 who wrote (36168)7/13/1998 11:23:00 AM
From: DavidG  Read Replies (2) of 53903
 
Larry,

Instead of selling my long position, I went short for half my position and just got filled at 28 11/16 instead of the 28 5/8 at which I submitted the order. Now I am shorting the second half at 29 3/4. When filled I will have a net flat position for MU stock. This allows me to pick and choose when to sell my long positions since that is easier to do then selling short.

I didn't think it was allowed to short MU while you had an equal long position, but since it is allowed this works a lot easier for me in getting fills quickly and actually at better prices.

Any comments??

DavidG
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