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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: SMALL FRY who wrote (22610)1/21/1999 9:49:00 AM
From: Street Walker  Read Replies (1) of 120523
 
* * * GUMM undergoing strong accumulation

5.6 million float
~4 million held by long term holders who have no plans to sell

1.6 million in the "effective float" ---- so will behave like
it has a very small float.

There is a short position of ~800k shares (and they will be forced
to cover in a stock where there is only 1.6 million shares in the
effective float) A short squeeze will take GUMM vertical.

Put GUMM on your watch list.

Regards,
S.W.
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