Enzon Pharmaceuticals Inc. (ENZN)

[jjp2516]

I likey !! I’m thinking someone must know something because of the trickle up in price. Hopefully Icahn brings us a merger soon.

[The_Free_Nebula]

Let's hope you are correct

[aquaspin]

$ENZN - This time we go above $1 IMO. $EGXP went from .03 to like $2.80 today on merger news. Bodes well for ENZN (and $MYRX) which owns a decent chunk of $ENZN shares.

With Icahn’s connections, it’s only a matter of time before this is utilized

[aquaspin]

$ENZN - Here we go!

[jjp2516]

Indeed you are correct. SESN is rocking and will make some nice $$$$ for ENZN.

[aquaspin]

$ENZN getting ready for a move higher here very soon IMO

[aquaspin]

Seems like we gotta be close to an acquisition of some sort. I’m looking forward to August when we will see royalty income from Vicineum

[jjp2516]

15000 shares @ the ask .60. Someone didn’t hesitate there.

[aquaspin]

The way SESN stock has been trading higher lately seems like a good chance for approval

[The_Free_Nebula]

I sure hope so....For whatever reason

[aquaspin]

$ENZN is a great deal at .55 IMO. August will be a big month

[The_Free_Nebula]

Adding as I can weekly

[jjp2516]

SESN looking good. Royalty payment will bring ENZN back into its 52 week highs unless we hear news from Icahn prior to that imo. Can’t imagine he will wait long to pull the trigger with all the tax changes that may be upon us. Hang in their all ENZN’s. Haven’t sold a share.

[Dodgeball]

Probably a milestone payment.

[jjp2516]

Some dude named CoolSoupy put it on the ENZN MB of Stocktwits on 5-10-21 after the quarterly came out. I just asked him where I can find this in the report. I will get back to you when he responds.


CoolSoupy
5/10/21, 01:44 PM
$ENZN
SESN qtrly out and it looks like they put away 30 +- Million for us.

[jjp2516]

Stocktwits. I will go back and try to find it.

[aquaspin]

What message board did you hear this from? I haven’t had a chance to dig through the entire report yet but will today.

[jjp2516]

Good Morning. Any insight into the $30M set aside by SESN to ENZN? I haven’t had a chance to view the financials just released but its been mentioned in another MB. Thanks.

[The_Free_Nebula]

fingers crossed..GLTA Believers

[aquaspin]

$ENZN will be well over $1 this summer once Vicineum is approved IMO. So much potential here especially with Icahn involved

[The_Free_Nebula]

Anything that shows progress...Still nibbling as I can. Hoping for a breakout one day...

[aquaspin]

According to the 10q, ENZN got over $400k in royalties from Sesen in the latest quarter. Looking forward to August and beyond

[jjp2516]

Not a lot of volume but I like the direction we are heading this morning. Hopefully something cooking here. haha that should be the name of a show "Cooking with Icahn"

[Dodgeball]

JANE on L2 sitting on the ask. WFT? Go away.

[The_Free_Nebula]

Definitely waiting

[aquaspin]

Looking at the chart, it looks like it could retest .50 again tomorrow. You should wait to see if you can get some in the .40’s.

[The_Free_Nebula]

Not discouraged just expressing what I see. Will probably be adding while I wipe the blood off the falling knife with more shares.

[aquaspin]

Try not to get discouraged. I doubt that Icahn and company are going to want to sit on that $48 million cash for too long. A deal will definitely get done here.

The last time ENZN dropped as low as .40 last month, it quickly went back up to .80 area.

[jjp2516]

the whole market is taking a dump

[The_Free_Nebula]

Dumps on the bid are crushing the price. Someone trying to save it by painting the ask with 100 share buys. It is not going to work. Bummer

[jjp2516]

small sales of 100 shares take this down 2-3 cents and then the scared weak knee’d try dumping their 5,000 shares. The hundred share club jump in front of the ask a couple hundred/ cents and it starts all over. No real volume here that anyone should be concerned about. Market sucks red so its tough to hold until news.

[The_Free_Nebula]

completely collapsed...Damn I had high hopes there for a second..

[The_Free_Nebula]

losing whatever steam it had daily...tsk tsk..

[The_Free_Nebula]

Nothing scary in the proxy release...

[The_Free_Nebula]

Fingers crossed...adding as I can

[aquaspin]

We gotta be close to breaking past recent resistance levels. $ENZN will move quick once merger news is announced and once Vicineum is hopefully approved in August

[The_Free_Nebula]

bummer...pattern the same..

[The_Free_Nebula]

Agreed...

[aquaspin]

It will happen soon IMO. I think next week will be .90’s and May will be over $1

[The_Free_Nebula]

One of these trading sessions the 80s will hold on the bid and advance. Just need the bull rush to happen throughout the day instead of at closing

[The_Free_Nebula]

The last minute bull let us down today

[The_Free_Nebula]

need to find a way to defeat the bears all day,,,beside the occasional closing bull

[The_Free_Nebula]

Hopefully this puppy will be selling way over a buck by the shareholders meeting in June

[The_Free_Nebula]

Seems like late in the day some entity comes in guns blazing on the ask...In other words the closing surge was not a paint job...

https://ih.advfn.com/stock-market/USOTC/enzon-qx-ENZN/trades

[The_Free_Nebula]

Waiting for him to make a move. I own his IEP as well. Nice dividend

[aquaspin]

Seems like we should be close to a deal. Carl Icahn has a lot of connections. Unless he decides to use ENZN for one of his businesses.

[The_Free_Nebula]

I agree...be nice if the report something

[aquaspin]

$ENZN has been consolidating at this level. I think we will soon see a long white candle going to .90+

[The_Free_Nebula]

One of these days 80 cents will be in the rearview...

[The_Free_Nebula]

two steps forward and it seems almost 1.9 steps back...Need to see those white candles stack again one of these weeks...