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Enzon Pharmaceuticals Inc. Message Board

  • moses.genius moses.genius Dec 4, 2012 3:56 PM Flag

    How is this Trick Done

    I've watch this very thinly traded stock move 1/2 cent all day on 1,000,000 shares .Can anyone explain that????

    Sentiment: Hold

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    • This my friend is how the big MM play. They are covering and taking big positions. This is organized buy/sell. I would love to know what would they do on Dec 11. Hold or Sell. I have 7.5 call options, I hope it will stay.
      Here is my ignorant prediction: The seller will dry up as Dec 10 approaches, it will go up to $7.75. On Dec 11 it will go down to 7.25 and then it will resume the slooow higher trend to $8.

      PS:My predictions are usually 85% wrong, if not I would be a millionaire.

      Sentiment: Buy

 
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