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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (6173)1/12/1999 7:16:00 PM
From: tom pope  Read Replies (1) | Respond to of 43080
 
ENMD

My thought was that there might something in the works to explain the price action besides the thalidomide. And with stocks like ENMD, you don't get a chance to buy once the news is out. So having a few shares in a stock with a promising technology is a form of insurance.

There's a guy on SI who used to post on AT's APM thread who had a few shares of ENMD that he decided to sell. Since he was leaving for the weekend, he put in a market order to sell at the open on Monday. It happened to be the weekend the NYT story came out, and his market sell order fetched $82, from a close in the teens on Friday.

>>So perhaps my memory isn't what it used to be in the Yenan days<<

If you recall, it was my recommendation that we sit out the war in Shanghai. But, no, you were always the romantic. Wan Li, indeed.