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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: sun who wrote (1016)10/2/1999 10:11:00 AM
From: DanZ  Read Replies (1) of 5582
 
Sun,

I agree that the efforts of the World Health Organization play right into the nicotine cessation market. The trend sought by the WHO may also help open the market for alternative delivery systems for nicotine.

messages.yahoo.com

Regarding the stock, it bounced off support between 11 and 11 1/4 last Friday and has had six straight days of positive money flow. The stock is also back above its 20 day moving average and appears to be heading for a test of resistance at 13 5/8. A move through 13 5/8 would invalidate a potential head and shoulders pattern that was discussed on another thread on SI. This would especially be true if the volume exceeds 150,000 shares on the day that it gets through 13 5/8 (if it does).

Best to all,

Dan
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