What do dietary supplements have to do with Gum Tech? If Gum Tech ever had a dietary supplement, it would have been sold it to Wrigley as part of the gum business. Neither of the two Zicam products are dietary supplements and non-tobacco nicotine products aren't dietary supplements. In fact, one reason that companies would have such a hard time getting around the Zicam patent is because they can't sell knock offs as dietary supplements. One has to wonder why four GUMM bashers that have been silent for what seems like months (on SI at least) came out of the woodwork on nearly the same day. Anyone thinks it's a coincidence or maybe a coordinated effort to try to eeke out another nickle because they want to cover?
I had to laugh when I read Wexler's $1.00 propaganda. How one can get $1.00 per share out of $3.00 per share in cash, 60% of a profitable cold remedy, 60% of an upward trending allergy remedy, 49% of a joint venture with Swedish Match, and other nicotine assets that belong solely to Gum Tech coupled with new seasoned management is beyond comprehension. It is laughable. If GUMM ever did trade to $1.00 per share, it would be years from now, and only if they squander their cash, Zicam stops selling well at the retail level, the non-tobacco nicotine products never get off the ground, and the company doesn't do anything productive with their cash. Why would anyone want to tie up money in a short position in this stock with so many bargains around, and even better shorting opportunities, with the hope that they might make a few dollars a share over the next few years? It goes to show you that spite plays a role with these shorters because they aren't making rational decisions.
I don't have much time to spend on the Internet these days and I am not going to get in a pissing match with these chumps. They don't have a million shares to sell and the company wants to buy a million shares. Cold season is coming, the fourth quarter should be good as retailers restock their depleted inventories, the stock has based all year, and Gum Tech has a lot of cash. I say let them whistle in the wind and short to their heart's content. Just like in early 2000 when Wexler shorted at 10, 12, 14...on the way to 36, he and his cohorts will lose again. BTW, why did he cover at ~25 last year if this is going to 1? LOL |
