GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Kevin Podsiadlik who wrote (3859)	6/3/2001 2:31:46 PM
From: Mike M	Read Replies (1) of 5582

Could be....But the two concepts aren't mutually exclusive. No doubt that there is little reason to be short a stock that is trading at $7.44 when Wrigley is about to pay them $3 a share for their money losing operation. I am less concerned with the retail short interest than with the hedge fund short interest. Yes, the shorts might be back depending, of course, on what might cause the rise in price. The promises from both shorts and longs on this company have failed to come to fruition. I always thought the line was that an INCREASE in short position was supposed to be encouraging as it provided more potential upside via the short squeeze. Don't kid yourself Kevin. If the short interest loses their ability to contain the rallies then a short squeeze is entirely possible. There are a lot of things left for management to solve. Not the least of which, are: 1) The resolution of the QGLY lawsuit, 2) Complete the sale of the gum manufacturing business, 3) Resolve JV issues w/ SWMAY or get on with a new partner, 4) Partner up to get Zicam overseas... etc. All are on management's plate and should take center stage this year. The proof will be in the pudding. No predictions from me...

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