EntreMed (ENMD) Message Board

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Biotech / Medical : EntreMed (ENMD)

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To: TokyoMex who wrote (913)	5/9/1998 10:22:00 AM
From: poodle	Read Replies (1) of 2135

Dear TokyoMex, I am not sure about your other arguments, but " of amateurs shorts from 50 and 40s jumped in", hmm....No one that I know could get shares to borrow even Mon. afternoon. ENMD is (and was) nm even at DATEK for a week. You may make some conclusions about type of shorts you are dealing with. As well as about type of longs, if you know what I mean. KTEL is nothing else but an example. Is ENMD similar to it or not? I think it is very different. All short positions are from the top. Company does not cooperate in sh.sq. Everyone who expected problems with their margin or CNS had an option (i mean puts vs shorting). Someone here and on Roger's thread predicted sq. this Fri. I did not see any analysis, however, and I did not think so. As far as I can see, shorts are comfortably sleeping this weekend with their positions, which is not great surprise. Some news about another ENMD tech. may come relatively soon, but you can't predict the date and it will not be even closely as exciting as angiostatics. Bull market? Rather Mad Cow market. ENMD just the best example so far. Anything is possible, of course. Have a good day.

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