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EntreMed, Inc. Message Board

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  • zilanewswatch zilanewswatch Sep 18, 2007 10:52 PM Flag

    Multiple Phase II Studies:

    psst turner i believe 10 million shares were bought in december so must be big money

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    • you mean 10 million was sold? LOL The stock started Dec. 1 at $2.02 and hit a low of $1.50 on Dec 19. Rcovered for an intraday high of $1.82 but never closed above $1.68 unitl APRIL 9th, 2007!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Then she hit a high of $1.99 on April 19th going into ASCO, and then the granmother of all slides hit and here we sit now at $1.16. All those buyers!!!!!maybe it was more caused by shorts or MM's closing out positions going into a risky ASCO timeframe, than buyers making new net long positions? Or, how do you explain the stock decline, I would love to know.

 
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