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Biotech / Medical : EntreMed (ENMD)

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To: coyote who wrote (978)5/12/1998 10:48:00 AM
From: MDVistnes  Read Replies (1) of 2135
 
Yeah, I can't see many investors dying to get back in at this point. All the news is out, interest is dying off slowly as evidenced by diminishing volume. I'm sure some people will hold on long term that bought high, but others will set loss limits and get out as the price slowly drifts down and use the money to invest elsewhere to make it back. Only the very stubborn will keep their losses and not get out before it goes back to the teens. I personally will wait as long as it takes for it to bottom plateau before even considering buying long term. Even then, I think I can make a lot more elsewhere in the short term. Sounds very promising though in a few years.
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