Replies to post #84652 on Enzolytics Inc (ENZC)

[Tkmoney1]

I was going to say that GF, it was holding up quite well and would have closed in the low .30's if it weren't for Powell's comments. That was the added pressure that broke the camels back sorta speak.

[Jmach101]

G_F, let them eat cake!!!! GLTU

[gypsy7]

Totally agree! But it does make the reversal more dramatic.

[BeeHaus2]

GF - please explain where you are getting your info that there is going to be a share buyback?
COs that are in development phase that still need cash do not use that capital to buy back shares.
It would be more likely that they do a raise to get more money than buy back shares. Or they announce a partnership and infusion of cash for development. Your analysis is sound and I appreciate the work but the share buyback talk is not realistic in the timeframe to are projecting.

PS- long and strong with several million shares. Bought small lots at .42 and .25

$ENZC
$TMDI
$KAVL
$SOAN

[Go-Gold]

I agree totally! It was a market driven event and should have never breached the 50 DMA. I think we’ll see fireworks come Monday, panic sells will turn into panic buying Monday at the bell. I have seen it many times before , ENZC gave a hint of this Friday! Looking forward to a major up move across the markets.