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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.


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