GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Riverlightning who wrote (688)	7/7/1999 9:18:00 PM
From: Street Walker	Read Replies (1) of 5582

>>Dang, I want that $20 per share SOON.<< We all do! I think we'll get there SOONER than later. messages.yahoo.com GUMM made a significant move last Friday on no news. I would see that its normal for some investors to have taken profits since it sat at 9 7/8 for so long. What is important, technically, is that GUMM shares were bought up on the dip which is bullish, imo. Something is up. This type of activity is typical before an annoucement. Because of the very small trading float, GUMM price can be volatile either way. The day will come when buyers will keep coming in day after day and the stock being sold will dry up whle the demand to buy shares increases, so the price will be pushed and pushed up until someone decides to sell. Here is a thought: the clinicals are nearly complete. Is is possible there has been some "leaks" among friends of the clinicians, nurses, and secretaries of the University clinics conducting the study? I don't know any of the individuals so I am not attributing this to any specific person, but I do know that information from medical research has its way of leaking out and demonstrates itself in the share price. S.W.

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