Enzolytics Inc (ENZC)

[foxi]

Yeah, agreed. I don't want to signal too bearish since we know there's a bunch of exciting potential in the pipeline that could materialize anytime. Can't rule out OTC heating back up in a few months either since it's all been getting pretty squished.

With ENZC, the company update and DD suggesting slower communication, multiple approaches to TA, and the trading history seem to agree that diminishing PPS is likely until the company can deliver in a big way. Something like the audit getting done or a clinical trial actually starting could go a long way to boosting investor confidence and slowing the descent.

If the MMs' goal is to move the market up or down to make money, and investors aren't biting at these price levels, it makes sense MMs will take the price lower to generate more activity. I don't know how it's affected other investors, but personally I've been reluctant to add any more when it looks like a very slow falling knife.



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