GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (4284)	3/9/2003 1:45:56 PM
From: Mad2	Read Replies (1) of 5582

Danny I agree with Mike's comments regarding short selling. While short selling can temporarily depress a stock price, it won't have a sustained effect if the company's sales and profits keep increasing. Eventually the stock price will go up whether shorts cover or not. Nobody can manipulate a stock over the long term, whether it is longs or shorts. And Mad2, you skirted around the issues Please explaine why the price problem with MTXX today is due to short sellers as Mike claimes and you apparently agree with. 941,000 shares short in Nov 1998 going for 7-8 bucks and 360,000 shares short today. With short's having been net buyers of 581,000 shares how the hell can you suggest that MTXX should have a higher valuation if it weren't for the wicked shorts? Just another example of you taking a narrow and one sided view of a issue. Lets see, insider selling, options, Davidson deal.....all things you and Mike claimed were insignificant. These are the reasons the stock is flat to down. Supply/demand, too much supply of stock and not enough demand. mad2 mad2

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