Enzolytics Inc (ENZC)

[foxi]

I'm with you there! I'm anticipating one these two outcomes:

- mAbs news arrives and price skyrockets briefly because shorts will cover and existing investors won't want to give up any shares until they reach take-profit levels.

- We get a great interview but no new news drop. The theory behind this is that ENZC does have news but can't share it yet. ENZC wants a court injunction in the Savov case, so Savov's defense could possibly use a PR drop to block the injunction by claiming ENZC is creating false urgency for injunction out of a desire to profit. ENZC probably isn't willing to risk the court refusing an injunction and Savov then convincing the transfer agent to sell those disputed shares.

It's a real gamble because new buyers, flippers and swing traders could get burned in the short term by holding (if there's no news and the twitter crowd gets spooked) or by waiting (if surprise news drops there'll probably be a sudden spike to share price with no chance to buy on the way up). I personally think the scenario with no news is most likely, but I don't know what'll happen to the stock price between now and then. If it makes a decent rise thru this week it'll add incentive for people to hold even if there's no news by end of week.

Charts aren't telling me much right now but trading doesn't seem to be positioned yet for sustained breakout without there being news. We could bounce between .12 and .15 at any given point but so far it's held pretty well above .13.