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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1266)6/27/1998 1:04:00 AM
From: Bill Wexler  Respond to of 4634
 
Enamelon continues to use misleading press releases to artificially raise the price of its stock.

Today Enamelon issued the following press release:

Message 5036236

This press release (paid for by the company) does not state anything new. Enamelon is a money-losing enterprise that markets a fluoride toothpaste which is simply not selling. Enamelon's real talents lie in running a fraudulent stock promotion scheme where investors are fooled into believing that Enamelon has a unique "remineralization" technology. This claim is completely false. Teeth are normally remineralized by saliva. Fluoride, the only active ingredient in most toothpaste brands aids this remineralization process. The only active ingredient in Enamelon is Fluoride.

ENML was originally recommended short on this thread in the low teens. It has recently traded as low as 4 3/4 a share. The stock has climbed back up to 6 and change over the last few days due to this most recent hype.

Enamelon should be shorted at any price over 5 a share. it is going much lower.