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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: profit_guy who wrote (18986)3/10/1999 10:08:00 AM
From: QuietWon  Read Replies (2) of 122087
 
Doing my daily news reads. Also noticed the short on ENMD. What does ENMD have that it commands that type of price when other co's have tested on humans, and are further along in the FDA phases. The only thing that seems to explain it was the co went from 12 to 84 and everyonbe remebers the name and trades it. I'll be happy to see the co's with testing on humans, etc do well and get abobe ENMD's price - just doesn't make sense. Any other reason for such an anomoly?

in summary, agree with the short (but haven't) shorted ENMD, based on other co's being further along and BMY pulling out of ENMD research support. Seemed fishy that the next day ENMD announces that thier other technique works.
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