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Technology Stocks : Leasing Solutions (LSN)

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To: wmj who wrote (14)10/23/1998 5:33:00 PM
From: LoLoLoLita   of 33
 
Thanks. I'm not "betting the ranch" on this one by any means.

Someone here posted "chance of a lifetime." Well, i beg to differ. It's always risky to buy stocks with a lot of uncertainty about them.

Diversification is the best way of lowering this risk.

So what i have been doing lately (instead of trading) is building a "fallen angel" portfolio by putting a few $K each in a whole bunch of stocks that have lost 30-50% in a night or a week in a seeming panic sell overreaction.

So far, this approach appears to be working pretty well with CCMC, ESCMF, INFM, NICEY, PSQL, REV, SFA, and USF.

Am still waiting to see what will happen with FP and DSTM. And, of course, LSN.

But i've been looking around at the short interest in LSN. bigcharts.com lets you graph %short interest versus stock price.

Short interest in LSN looks to be steadily increasing for the past year.

This makes me think that it's not shorting against the convertible debentures. Any comments?? Do they (the shorts) know something that we don't?

Does anyone know if famous shorters like Asensio or his ilk are attacking LSN?

David
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