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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mad2 who wrote (4146)6/23/2002 5:39:27 PM
From: DanZ  Read Replies (1) of 5582
 
You are right. If I had known that QGLY would have increased 275% I would have sold everything that I own and stuck it all in that one stock. Actually QGLY went up more than 1000% from its low to its high, while MTXX went up a paltry 80% over the same period. It really sucks being long a stock that goes up 80% from its low to high during a terrible bear market. MTXX is still up 35% this year. How many stocks are doing that well this year? If you've been short this year, you would be losing money while nearly every stock on the planet got decimated. I'll bet that you would have rather been short ENE instead of GUMM, or any number of technology stocks, huh? Incidentally, the event that sparked the big rally in QGLY was new products. See any parallels to MTXX? And for the record, I am not looking to trade MTXX in the manner of my last post. I was obviously being facetious. This isn't to say that I won't ever trade the stock, but I am holding for the time being. If the stock makes a move ala QGLY's run from 80 cents to $8.84, rest assured that I will take some money off the table.
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