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


To: poodle who wrote (926)5/10/1998 12:26:00 AM
From: PAL  Respond to of 2135
 
Poodle: 27 was the lowest for May 7. And I take it back my assumption that 27 was the lowest bid. One possible scenario was that at one time the bid and ask were 26 7/8 and 27, and nobody sold to the MM at 26 7/8 (the bid was never filled), but Haolin was the first in line since he placed it before the market opened and was lucky (and he admitted that) to get at the ask 27 which then moved north. Not only is Haolin smart but lucky and gutsy as well.

Just like everybody I have tried several times in a day to borrow ENMD to short with no success. Right now put is not that attractive. Will see next week if the stock will move north again and I will keep calling my broker.