"EntreMed Enters into $7.5 Million Equity Facility and Initiates $1.1 Million Drawdown" http://inside-trader.info/ENMD - Does it mean what I think?
Yes it does mean what you think. They now have plenty of money to continue with phase 3.
Hope that your confidence is borne out..been in this stock from the beginning...pps is not very promising....but your analysis seems valid...
did you just get voted off some island?
I liked that one Late afternoon pump buy that jacked up the price last week.Weak.