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

To: angra manyu who wrote (692)	5/5/1998 12:55:00 PM
From: jawd	Read Replies (1) \| Respond to of 2135

Comment: I reckon people want a cure for cancer more than they want money - therefore, the price will go up. It's the course of least resistance for this stock.

To: angra manyu who wrote (692)	5/5/1998 4:29:00 PM
From: Bottom_Dweller	Respond to of 2135

Thanks to you and BottomDweller for the Info Very welcome, I hope everyone did as well as I have in the last 2 days, had great luck guessing when the squeezes would happen, covered my shorts and then shorted again at the peak and when volume dropped off. I only miss-guessed one cycle and it was expensive waiting for a re-entry, but in the last two days I made 80% on my portfolio (a little over 200% if you only look at the money I risked). I'm still holding a short position and will for probably 2 weeks, although I won't go in and out like I did today, too stressful. Better to just let the stock to correct normally to it's true valuation, probably like Shearson says, around $25. Good luck to all! Kyle.. BTW, I've been doing this awhile, so be careful if you try to go in/out, you can get burned real bad.