I watched in disbelief as that thing went to $29 ...completely missed it. Good job. $45 k in two weeks is nothing to beat yourself up over but I know the felling ..."coulda, woulda, shoulda.
12 million shares and down 50% says you're wrong. Are you telling me that all these people don't know how to read? Damage is done here. There may be a bounce but the disaster has already happened and now there's too many bagholders. Good luck
Quote from him yesterday, "For the record, I was stopped out of my position this afternoon at a loss. The duplicitous way in which the management team conducted themselves with respect to the financial covenants of this transaction is outrageous, and they should be held accountable."
Market maker raked some people over the coals AH's. 1000 share sale started it and then a few lemmings followed ...about 8k shares worth.
No DD and probably don't realize that the PPS is .30 cents pre split. With all the good news rolling in, pps worth way more than .30 cents. Stay short at your own peril.
Notes from Roth Capital upgrade article: EnteroMedics currently has an average rating of “Buy” and an average target price of $4.60.
Find him on Twitter and watch his video. Said he's looking for $2.50-2.93 in the next day or say and that was on Tuesday. This guy is spot on most of the time.
The guy is a rock star and legendary investor. His strategy: take millions made in real estate and lose it all in the stock market for tax write offs. Brilliant chap that one.