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Strategies & Market Trends : Roger's 1998 Short Picks
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To: CalculatedRisk who wrote (8608)5/9/1998 10:03:00 PM
From: Joey Two-Cents  Read Replies (1) of 18691
 
<It was my understanding that shares are hard to find on ENMD. I'm considering a synthetic short.>

I purchased some June 35 puts on ENMD. What amazes me is that everyone associated with this company and every article about this stock says the same thing that a cancer cure is years away and the current price of this stock is not justified. However, this stock is still up 200% for the week. I think once the short sellers and MM's and May options expire interest will wain and this stock will be back into the teens.
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