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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (10782)3/17/1999 3:01:00 PM
From: limtex  Read Replies (2) | Respond to of 12468
 
GVT -

That is why a) WCII help up for a few days after the secondary and B) why, when the underwriter had covered their short position completely, there was no support at all for the stock, and it tanked.

OK but if that is the case why was the stock at a level where so soon after the secondary there was no support at all for the stock?

Where had the support gone?

Regards,

L