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


To: Graham Dellaire who wrote (1120)5/29/1998 10:41:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 2135
 
I have been logging every buy and sell for the last 3 weeks now. It is very apparent that the MM's are trying desperately to hold the stock up. The ask will uptick two - three times without a buy even going through. There will be no trades then you will get several small block trades at the bid and all of a sudden the ask will uptick several times. Then you get some larger block sells to drive the price back down. Some instances the stock will not trade for 5 - 10 minutes and will uptick several times! Can anyone give me a logical explanation why the MM's are toying with this one so much? Are the people on this stock that uninformed? I have followed many stocks , and according to the way it is trading it should be down to the teens buy now.

Ron Dior