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

To: TokyoMex who wrote (913)	5/9/1998 9:36:00 AM
From: Haolin Ni	Read Replies (3) \| Respond to of 2135

<I'd say we are good for old high of 80 or higher, many things can happen> You must be mad or made too many money to donate them at ENMD. No seller get the order filled above $70. So who did the short at the $80 range? Market maker!!!!!! You think they will let you get their money? You are too late to play it rebound. I played it for several days and brought ENMD at $27 on 5/7, exactly $27 and sold it after it run up and keep my short. You are not good at biotech field since you wish a KTEL like run up from ENMD. That is longs dreamed. However, such short squeeze never happened in a Biotech company. Who is going to buy ENMD at $80 after such a crazy run? May be you will buy it at $80 since you made too much money in those penny stocks. On 5/7, ENMD reached $36 3/4 but on 5/8, it only reached $35 11/16 for a short time and closed almost unchanged. Therefore, it will open a little high on Monday then go down from there to visit $20. It is three days down and three days rebound. Good luck!

To: TokyoMex who wrote (913)	5/9/1998 10:22:00 AM
From: poodle	Read Replies (1) \| Respond to of 2135

Dear TokyoMex, I am not sure about your other arguments, but " of amateurs shorts from 50 and 40s jumped in", hmm....No one that I know could get shares to borrow even Mon. afternoon. ENMD is (and was) nm even at DATEK for a week. You may make some conclusions about type of shorts you are dealing with. As well as about type of longs, if you know what I mean. KTEL is nothing else but an example. Is ENMD similar to it or not? I think it is very different. All short positions are from the top. Company does not cooperate in sh.sq. Everyone who expected problems with their margin or CNS had an option (i mean puts vs shorting). Someone here and on Roger's thread predicted sq. this Fri. I did not see any analysis, however, and I did not think so. As far as I can see, shorts are comfortably sleeping this weekend with their positions, which is not great surprise. Some news about another ENMD tech. may come relatively soon, but you can't predict the date and it will not be even closely as exciting as angiostatics. Bull market? Rather Mad Cow market. ENMD just the best example so far. Anything is possible, of course. Have a good day.