GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mad2 who wrote (2951)	10/30/2000 8:33:55 AM
From: Hank	Read Replies (1) of 5582

You may have a point. That huge gap down Friday will probably be filled with a short term 2 or 3 day rally but expect the slide to continue after that. If you're an aggressive trader, you might get a point or two trading the long side for the next couple of days. I would also agree that a serious bottom won't be seen until probably Jan. or Feb. Then, it will do the "dead pig" bounce and oscillate between a marginable $5 and less than $5. I love it when a stock gets to that stage. It's free money to simply short whenever the stock becomes marginable and cover when it falls below $5.

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