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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: RFH who wrote (662)6/28/1999 11:07:00 AM
From: DanZ   of 5582
 
Robert,

GUMM has put in about a four month base at 9 1/2. When it breaks out to the upside, and I am very confident that it will, you will have all the volatility that you want. Generally when a stock puts in a base of this magnitude and finally breaks out, the volatility increases substantially within a short period. I don't know when it will happen. I don't know if it will happen without news as a catalyst. I'm just confident that it will happen and I'm going to have a full position when it does. This stock is a long term hold for me and I have no intentions of trying to time it. Best of luck with your AIM trades.

Dan
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