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Biotech / Medical : GUMM - Eliminate the Common Cold
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To: Street Walker who wrote (938)9/20/1999 7:37:00 PM
From: big run  Read Replies (1) of 5582
 
Dude....I believe you're wrong on a few issues here....

5.6 million Float
But it will behave like it has 1.6 million float (the effective float) because ~4 million of the float is held by long term holders who have extremely high price targets in the long term and have no plans to sell. This same factor attributed to KIDE's success as an investment.

Where did you get this information??? And how do you know that ~4 million of the float is held by long term holders who have extremely high price targets in the long term and have no plans to sell. Since there is no way that I know of to determine this I'd really like to know. Personally, I think you're blowing smoke out of your butt.

And the next paragraph....

Each time the float is recycled the support level rises. As the effective float is recycled there will be shareholders who will simply not sell. Which means the effective float decreases while demand increases.

....is also BS. Why??? Would the same hold true for a stock declining??? Hell no!!! I've studied alot on float turnover and such and if this were true we'd all simply trade the float patterns.

Next paragraph.....

Because it is the most effective cold remedy, its the one people will buy. ZICAM will claim a growing chunk of the $2.3 Billion spent on remedies year after year.....think long term. GUMM is an IRA type, long term investment you will not want to sell.

And people bought Cold-Eeze, too. But, things not being what they always seem, they just couldn't cut the mustard.
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