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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (1408)11/5/1999 10:52:00 AM
From: out_of_the_loop   of 5582
 
I have to say that Auric's post lists a lot of positives about the product - he he

Anyway, while this news is disappointing, indeed I think the cooler heads will prevail.

Not too many people can short GUMM and those who were able to this morning sold short above the current market price. The degree of smugness and personal feelings about the stock is high among shorts who tell longs never to fall in love with a stock. This is and has been a tragedy for them.

They talk about value, but now the bottom line is that GUMM is selling product.

It is clear that there is institutional interest in the stock and brokers must be salivating at this chance to get in at last weeks' prices.
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