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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?


To: Ann Corrigan who wrote (529)4/15/1998 12:11:00 PM
From: Harry Ehrlich  Respond to of 863
 
I also saw an ad the other day, on the Regis Philbin show. While I agree with the analysis that the shorts have done, I don't believe that Fox is a scammer. I've spoken with him several times and I feel he is very sincere about his efforts.

But why did all the insiders bail?

And why are they up today? Have they hammered out a bottom?

Harry



To: Ann Corrigan who wrote (529)4/15/1998 12:19:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 863
 
I never said it was a scam. It is a one product company with little working capital that is competing against well capitalized, diverse, multinational corporations. Most new consumer products fail, well over 90%. Even if ENML beats the odds and successfully brings the product to market the price will be massive dilution of the current shareholders interest. Looked at in the brightest light, ENML is a short sell even at these levels, IMO. BTW, I believe it was the filing of the 8k yesterday that caused it to fall through 9 3/4.

As far as it's being up a little, I call that a dead cat bounce. I actually shorted a little more today at 9 11/16.

Barb



To: Ann Corrigan who wrote (529)4/15/1998 7:21:00 PM
From: Dr. Seuss  Read Replies (1) | Respond to of 863
 
<<<Just reviewed the thread briefly. If this stock is a scam with no hope, why is the stock +1
on double average volume today?>>>

Ann,

The scam that I was refering to was the hype from folks that have lately stopped posting on this thread. Hmm, wonder why? ENML is a real company that I believe will fail. The hype that was running rampent on this thread was the scamming I thought harmful and was discussing.

Many company's pay folks to hype their wares on the internet these days. Not sure if ENML did, not making any accusations. If that were the case, then the company would be a scam in that they were hyping investors to buy while they were selling. Again, not saying they did, but as soon as they were done selling, alot of the hype on this thread dried up.

And while it was up a buck at one point today, it closed up 3/8 after a falling over a buck yesterday. It's lost $6 bucks in the last 6 weeks. Not that great for a $9 stock.
I don't think anyone will do very well going long on this stock.

dr.seuss.com