One in a million, one in a million.
Anyone buying KTEL, ENMD now has an excellent chance of getting killed.
We are in tulip mania now folks. ENMD won't even start testing until next year.
KTEL is killing the shorts right now but it will burst, it always does. Unless revenues and EARNINGS come in, it never holds.
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''This is pure and outright speculation,'' said Roy Blumberg, chief investment strategist at Josephthal Lyon & Ross.
''There is no way this company can earn enough money to justify this kind of price levels before my child goes to first grade and he is six months old,'' Blumberg said.
It would be difficult to justify a price of $15 per share, Blumberg added.
The rise Monday and Friday was credited in part to a recommendation by an online newsletter, Stock Investor Trading News, which noted it had a long position in the stock.
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That piece of crap newsletter is going to kill people. They don't care about anything but hyping the stock for their own personal gain. They're long the stock before the hype.
I would bet that a major portion of those buys (ENMD) in the early morning were filled near the peak - UNLESS you were lucky. The little guy usually gets the worst price if it's a blind market order.
Aloha |
