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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (2192)	1/21/1999 5:00:00 PM
From: Street Walker	Read Replies (1) of 57584

GUMM - is going to make a fast and furious run because.... The effective float is around 1.6 million shares and there are 800k shares that are shorted. It is approaching new highs, there are buyers, and when the shorts start covering, it is going to run up because people are holding on to their shares (study up and see why they are holding) NO MORE STOCK IS AVAILABLE TO SHORT. LONG TERM HOLDERS have removed their stock from Margin Accounts. Put GUMM on your Watch List for a Short Squeeeze play. We'll easily set new highs, imo. See why on the GUMM thread. Here is a thread. Very few posters. Worth spending some time reading. Very good due dilligence. Subject 25049 There is some reason big buyers are accumulating this stock quietly as it reaches new highs. The shorts will soon become worried. Chart: iqc.com Regards, S.W.

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