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


To: Ron Dior who wrote (1114)5/28/1998 5:37:00 PM
From: tdl4138  Read Replies (2) | Respond to of 2135
 
Other than "soes" traders....who are the people buying this stock?
Watch the tape....and see it is the MM's that are playing these poor folks...the ask gets raised with no trades...its absolutely amazing...

The MM's manipulate the stk constantly to make the appearance it is going up and then wait for the soes traders to jump...then the bid gets flattened...

Small trades are sprinkled in between...its absolutely amazing that this is still over 30...

Poor fools on Yahoo thread think a "stock split" would be great...
additional share dilution just doesn't figure to be a problem...
I guess having twice as many shares of nothing...would be better...

I really feel sorry for the people who just don't know any better...
Kinda reminds me of Zitel...when it was $25....those people knew better too.After all...Zitel had once traded at $70...at $25 it was a bargain...They were convinced they'd see $70 again...didn't matter to them either...that the fundamentals just were not there.

Just my thoughts
Dave