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Biotech / Medical : EntreMed (ENMD)

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To: Mama Bear who wrote (1907)4/15/1999 11:43:00 AM
From: Don Dorsey  Read Replies (3) of 2135
 
I'd like your opinion, or any short's, on my first question. Is the recent news just more empty hype?

In your recent post you implied that your interest in ENMD is only to grab a few points and move on. If that is true, then the question doesn't really apply to you, but there are many shorts who on this board characterized ENMD as a crooked operation, which spreads lies and distortions and is headed straight for bankruptcy.

I'm legitimately interested to see how strong the short's conviction is. I think this stock is a great illustration in the difficulties of investing. If the trials go on to be successful, and to at least some degree the cancer battle is won, people will look back in time to today and say that ENMD was the obvious buy of a lifetime because of the sheer volumes of positive data supporting their research. But today in real time the decision isn't that easy. There are many people with good arguments on both sides.
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