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Biotech / Medical : EntreMed (ENMD)

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To: TokyoMex who wrote (913)	5/9/1998 9:36:00 AM
From: Haolin Ni	Read Replies (3) of 2135

<I'd say we are good for old high of 80 or higher, many things can happen> You must be mad or made too many money to donate them at ENMD. No seller get the order filled above $70. So who did the short at the $80 range? Market maker!!!!!! You think they will let you get their money? You are too late to play it rebound. I played it for several days and brought ENMD at $27 on 5/7, exactly $27 and sold it after it run up and keep my short. You are not good at biotech field since you wish a KTEL like run up from ENMD. That is longs dreamed. However, such short squeeze never happened in a Biotech company. Who is going to buy ENMD at $80 after such a crazy run? May be you will buy it at $80 since you made too much money in those penny stocks. On 5/7, ENMD reached $36 3/4 but on 5/8, it only reached $35 11/16 for a short time and closed almost unchanged. Therefore, it will open a little high on Monday then go down from there to visit $20. It is three days down and three days rebound. Good luck!

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