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

To: CatLady who wrote (536)	4/16/1998 1:00:00 AM
From: Laptev	Read Replies (1) \| Respond to of 863

Wow - I wanted to short this stock after the IPO in the $20s but Waterhouse didn't have any shares available to short! Where do you guys find shares to borrow? I continue to agree this stock is headed lower - BUT I want the current shorts to discuss the likelihood of a short squeeze? Because this is such a small cap, and if the # of shorted shares is significant - If $1,000,000 were to walk into this stock tomorrow - shorts would panic and we'd be up to $15 by the end of the day. That $1m would be about $1.25m - and we'd start drifting lower on no news - same 'ol story. Can someone do an analysis on how many shares are currently short and discuss potential options plays that could protect from this? (buy some May 10 calls for 11/16?) Also, looks like someone did an interesting option play on ENML today: I see 20 November 7.5 puts and 20 August 10 calls were traded. Could certainly be 2 separate folks - but if it is the same person, I guess they are banking on some kind of nearer term run-up - then a real fall after August? This is a $5,600 play - but could result in significant upside if they are right. Or if they were selling the calls and puts, it could be a straddle bet ($5,600 premium) on ENML being between 7.5 and 10? Any option expert comments on how to play this? Watch for manipulation on this bad boy - it just smells stinky. (ummm, even though this is America, I should mention these are only my personal opinions - don't sue me)