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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: aknahow who wrote (5988)11/20/1998 12:57:00 AM
From: scaram(o)uche   of 9719
 
Thanks, George. Ugly.

>> on Nov. 8, the stock closed up 74% to 17 3/16 <<

I feel much worse about ENMD than I do about GERN. With ENMD, the gap Monday morning caught many of the naive, those who had read about it in the papers over the weekend and placed a market order. GERN largely caught traders that were betting that it was at 17 3/16 on its way to 27.... a ton of stupid people lost money, but you can probably count the naive ones on one hand.

That is, the investors that lost money were interested in sticking it to the next guy rather than in the science underlying the PR. Screw them. It's hilarious...... there were hundreds of biotech experts spawned overnight. And they show up here and ruin our civil biotech threads.

:-)
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