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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (5177)6/20/1998 6:23:00 AM
From: Rocketman  Read Replies (1) | Respond to of 9719
 
We'll see how it does Monday and Tuesday before I decide.....can you comprehend a brick floating?????......not for long!!! I do not expect lightning to strike in the same place twice. It is amazing how naive some of these people are. I've been keeping up with the YahooZoo on ENMD. I mean, people are asking how many weeks or months it will take to do ALL of the clinical trials, and have heard it might even be years......CLUELESS!!! One guy who placed a market order for open on the weekend before the run up to $85, got his order filled at $80, lost $50K and is hiring an attorney.....he admits how naive he is, didn't know about afterhours trading and the like. Ask me, he has no leg to stand on, just a bummed out gambler looking to point the finger and have his pocket refilled. If it makes you feel better, we could put a Stop Loss Buy to cover on this thing at say $40 or so, in case this is a particularly potent lightning rod? Ask me though, and this is one of those shorts to just sit on for 6 months or so while people figure out this won't be a product on the market in 1999.

Rman



To: Vector1 who wrote (5177)6/20/1998 6:41:00 AM
From: Rocketman  Respond to of 9719
 
Over $3M in insider sales by two ENMD BOD members and one officer between May 21 and June 2, priced between @ $26.36 and $30.75, the latest was at $26.36. The rats always know when to jump off the ship, right before it sinks. Now that the option holders have had their clocks cleaned, and the short sellers squeezed into juice, this sucker has no where to go but down, down, down.......

I think it would be hard to cover at $27, as I don't plan to be out of bed during the first half hour of trading on Monday @;->

Rman