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Non-Tech : Bill Wexler's Dog Pound
REFR 1.620+3.2%Dec 5 3:59 PM EST

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To: Bill Wexler who wrote (6575)2/8/2000 8:31:00 AM
From: DanZ   of 10293
 
<The only thing that kept the stock from collapsing to 12 is the fact that it is heavily shorted and it still has a cult following.>

SSEC and GNLN did the heaviest buying the last two days. They are long and going longer, not short. FSCO did a little short covering, but I'm actually glad that new longs supported the stock more than short covering. The shorts will just push the stock up more once the rally resumes, and it will resume.

You might want to check the supply and demand for GUMM on Level II this morning. There's an offer for 100 shares at 26 3/16 (SWST) and the next offer is at 27 1/16. The stock is well bid and will probably open higher. Where are the sellers? GNLN and SSEC bought all their stock yesterday and now we go higher.

<Don't worry though...it'll get there eventually.>

Sure it will. After a stock split. Then you can double to quadruple your position whether you want to or not.
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