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Gold/Mining/Energy : Gimbel Vision International Inc. (GBV - ASE)

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To: GemSeeker who wrote (117)7/27/1999 4:37:00 PM
From: Glen Gordon  Read Replies (1) of 165
 
House #2 continues to hammer this stock down - the same house that pumped it up a few weeks ago. I guess they knew that Gimbel wouldn't be able to close a deal before they could drive the stock down. Anyone have access to Dominion's net sales since the 52 week high?

All Gimbel had to do was announce 1 or 2 new clinics and it would have prevented this slide down from $2.20 - definitely a sign of inexperienced management. You don't come out at the AGM announcing 3-5 deals by year-end and then not announce anything for 2 months.

If they don't make an announcement by August 6th, my opinion is that GBV will go back to $1.5.
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