Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Haolin Ni who wrote (914)	5/9/1998 9:59:00 AM
From: PAL	Read Replies (2) \| Respond to of 2135

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. Congratulations on your profits. I agree that after one week the story of ENMD will disappear (as compared to Viagra where corollary events started to occur: sale of lubricant jelly soared!). Could you enlighten us as how you managed to snap ENMD at exactly 27 on May 7 since the range was 36 3/4 High to 27 Low. The low was on the bid side.

To: Haolin Ni who wrote (914)	5/9/1998 10:26:00 AM
From: poodle	Read Replies (2) \| Respond to of 2135

Hi, Haolin. Sometimes I think that I was born to agree with you. Regards.

To: Haolin Ni who wrote (914)	5/9/1998 7:43:00 PM
From: Biomaven	Read Replies (1) \| Respond to of 2135

Haolin, 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 just wrong here. My market sell order placed ten minutes before the market opened got sold at 80, and a similar order placed just at the open got filled at 77 (both through Fidelity's web site). True I had to sit anxiously for over 30 min. while the price dropped before I got any confirmation that the orders had filled, though. Fidelity had no shares available to short at any time, but then they're usually bad with short availability. Peter