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Biotech / Medical : EntreMed (ENMD) -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (682)5/5/1998 12:17:00 PM
From: Tech Master  Read Replies (1) | Respond to of 2135
 
PAL-

Keep trying... I was shut out earlier today... and then shares show up...

>>>The stock is not falling because big money men/women are covering their shorst from yesterday. Would not you pocket the profit after that handsome gift? When short coverings subside, look for a huge drop. Based on the cautious note from the company and no more good news to release, the stock could be back in the teens in a matter of two weeks. <<<

Exactly... shorts from yesterday are covering.... then we go down some more... followed by more covering... then we go down some more.... followed by more covering....

I feel sorry for stubborn longs married to the stock. Its OK to like a company and its potential... just don't marry the stock in a case like this... take your profits... or minimize your losses if you went long yesterday...

Otherwise, you will be upside down for a loooong time.... maybe forever if the technology doesn't pan out....

Tech Master