Thu, Dec 18, 2014, 11:11 AM EST - U.S. Markets close in 4 hrs 49 mins


% | $
Quotes you view appear here for quick access.

EnteroMedics Inc. Message Board

  • adeiflig adeiflig Jun 18, 2014 3:42 PM Flag

    Simple Explanation....

    When the trading doesn`t make sense it usually spells an opportunity. We had a bullish 6-2 FDA Panel vote which means FDA will approve. We are one step closer to marketing in a billion dollar industry. Yet here we trade at $ 100 million where trading today attracted $ 30 million in new funds and we barely move 10% when consensus was for a miss.

    So what can be causing this order imbalance where there seems to be an unlimited supply of shares for sale.

    a) MM want the $ 2.50 June calls to expire worthless it means millions in their pockets.
    b) HFT keeping price low so 9 million shorts could get out
    c) ETRM using $ 25 million ATM to raise funds
    d) MM keeping price down so all large institutions and friends can load up.

    Make no mistake, we are going up. It is a DELAYED rally. It happens to smaller stocks where price is lower and open to more manipulation. If we were in a $ 30 stock then it would not have happened.

    Those who are long, keep your shares as we march towards $ 5 within a few weeks. There was nothing negative from yesterdays FDA Panel.

    I am curious to know why CC was cancelled and why ETRM is not trumpeting the good news like other companies do. Must be BUYOUT....who knows maybe oozhee22 works for medtronic.


    SortNewest  |  Oldest  |  Most Replied Expand all replies
1.38+0.02(+1.47%)11:10 AMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.