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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?

To: Laptev who wrote (677)7/2/1998 2:33:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 863
 
Just based on the technicals, Mel has a case. Unfortunately, it seems that ENML was unable to hold in the gap. The ENML mm's have been thought to be up to some hanky panky from time to time. I still expect it to test the 50 day ema at ~8 3/4 in the near future. In the end, the destination is pretty much settled, but the road the company's stock price will take to arrive there is undetermined. ENML is a great trader, no matter which side you choose to play it.

Barb



To: Laptev who wrote (677)7/6/1998 12:07:00 AM
From: RFH  Respond to of 863
 
Just a quick question for all you shorters out there who can't find shares to sell short. Why not purchase some puts. You can get the Nov 12 1/2 put, which is approx. 5 pts. in the money, for an asking price of 5 1/2. Sounds like a really good deal to me, considering that the price of ENML should oscillate dramatically (in my opinion) in the next couple of months. Just a thought.

RFH (a dentist who recommends ENML to his patients)


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