<I NEVER invest money in something that isn't 100% proven.>
LOL. Every stock is a gamble to a certain extent because nobody can predict the future. Even "proven" companies like IBM, Microsoft, Intel, Home Depot, etc., have set backs. A risk free investment carries a rate of return of 5% to 6 1/2%. Sorry, but that's not good enough for me.
At any rate, Gumtech has proven some things that you don't give them credit for. For example, they increased their revenue over 100% Y to Y and improved their gross margin considerably last quarter. This proves that the new strategic plan put in place by the new management is working. The risk to reward of owning GUMM is very good, and I am confident that it will pay off big in the long run. Judging from your comment, you don't sound like the type of person who would have invested in Microsoft, Home Depot, or Intel when they were penny stocks. That's fine, but you shouldn't ridicule others who understand the risks of investing in GUMM and have decided that the potential return justifies the risk.
As for Zicam, I mitigated my risk by trying it several times, as has my wife, co-workers, other family members, and people on the Internet that I trust. Funny how all of our experiences are completely different than yours. If you really did use Zicam, either you didn't have a cold or the ICAMs in a shorts' nose are different than everyone else's.
<Why invest money in a product that isn't proven yet?>
I can't speak for anybody else, but I didn't invest in a product. I invested in a company that has a rapidly growing gum business that justifies a stock price of at least 20 (IMO). Zicam is nothing but a bonus, albeit it could be a huge one. How much do you think one will have to pay for GUMM if the clinical studies come back positive? If you answer honestly, you'll have an answer to your question.
<Do you think PFE would hype a new drug before they had conclusive clinical evidence that it worked?>
I'm assuming that you are implying that Gumtech has hyped Zicam. Nothing is further from the truth. They haven't hyped it at all. In fact, they haven't even started advertising it in earnest yet. Publicity from articles in Woman's World and Self Magazines isn't advertising. The company may not have even had anything to do with those articles.
Regards,
Dan |
