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Biotech / Medical : GUMM - Eliminate the Common Cold
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To: Mad2 who wrote (2547)4/30/2000 10:13:00 PM
From: Mike M  Read Replies (2) of 5582
 
Could be. I began boxing my position in the 20's and have continued most recently in the mid teens. Recently have begun to close out the short side. I suspect others have done similarly.

I am encouraged by the fact that the selling is drying up. The stock is hardly a very attractive short under 10. Diminishing volume in a correction is certainly not a negative. Should the volume pick up were the stock to rise I would also consider that a technical positive.

GUMM may be reeling but no knock out punch yet!
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