GUMM - Eliminate the Common Cold Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : GUMM - Eliminate the Common Cold

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hank who wrote (2509)	4/15/2000 10:40:00 AM
From: DanZ	of 5582

The only reality is that the decline in the Nasdaq last week qualifies as a crash and GUMM went down with it. You shouldn't confuse selling in an individual issue because of a market panic with the fair value of a business. There are several months of support on the chart between 9 and 10 and GUMM didn't even take out Thursday's low at 9 3/4 when the Nasdaq lost several hundred more points during the day. Did you notice GNLN buying tens of thousands of shares at 9 3/4 and 9 7/8 yesterday? I wanted to buy more in the lower 9's but they wouldn't drop their bid. GNLN owns about 6 million shares of GUMM now. Do you really think that they would sit on the bid alone during a market meltdown and take in more stock if something bad was going down with the company? You could have thrown a dart at the Wall Street Journal last week and made money shorting the stock that you hit. The fundamentals of this company support a much higher stock price and it will eventually trade much higher than 10. Enjoy your moment and don't let greed get the best of you.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next