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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: profit_guy who wrote (18986)3/10/1999 10:08:00 AM
From: QuietWon  Read Replies (2) | Respond to of 122087
 
Doing my daily news reads. Also noticed the short on ENMD. What does ENMD have that it commands that type of price when other co's have tested on humans, and are further along in the FDA phases. The only thing that seems to explain it was the co went from 12 to 84 and everyonbe remebers the name and trades it. I'll be happy to see the co's with testing on humans, etc do well and get abobe ENMD's price - just doesn't make sense. Any other reason for such an anomoly?

in summary, agree with the short (but haven't) shorted ENMD, based on other co's being further along and BMY pulling out of ENMD research support. Seemed fishy that the next day ENMD announces that thier other technique works.



To: profit_guy who wrote (18986)3/10/1999 10:09:00 AM
From: summerboy  Respond to of 122087
 
enmd- what happens in 8 days ?
T-Minus 8 Days for Shorts to Cover....
by: MisterHaneyToo 8704 of 8705
Watching the Shorts begining to panic reminds me of a news clip of a group of people trying to hold down the Goodyear blimp when suddenly it began to rise. 5 feet, then 10 feet, up, up it went. Now each guy on the rope didn't know whether to hang on or let go! As it rose higher more and more guys panicked and let go. This only accelerated the rate of climb. Those still hanging on frantically cried out for more people on the ground to grab the rope and help pull them back to earth, most just watched as those last few all gradually fell to earth from higher and higher heights.

Meanwhile those of us Longs just sit comfortably in the 1st Class Cabin of the good ship ENMD taking bets on which short will drop next and which one will make the biggest splat! I guess in 8 days or so we'll find out.

--------------------------------------------------------------------------------
Posted: Mar 10 1999 9:28AM EST as a reply to: Msg 8702 by ncmj22



To: profit_guy who wrote (18986)3/10/1999 10:15:00 AM
From: Instock  Respond to of 122087
 
I think I am in LOVE with SEVL. Short Sell that is! On this thread I called it a short sell last friday for this Tuesday.
Lucky guess...

Watching EFAX to drop on the Short Sell / Profit Taking.

Instock