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Biotech / Medical : Enzo Biochemical Inc. A biotechnology Co. with earnings.
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To: Gator II who wrote (158)8/10/2000 7:38:08 PM
From: JEB  Read Replies (1) of 184
 
I too am amazed at the movement in this stock on such low volume. It does indicate the lack of available shares and how easily the price can be manipulated. A cup pattern formation may be happening here.

ENZ has a support at 45, 40, and 35 area. So we have hit a "speed bump" area for support and a cup formation here is very likely. If 35 is hit, this company is going to snap back like an overextended rubber band.

The short interest on this stock is due to be published soon too.

I'll let you know if I hear anything worth passing on.

;-)
JEB
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