GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mike M who wrote (234)	2/6/1999 11:40:00 AM
From: Mad2	Read Replies (3) of 5582

Mike I don't play Russian Roulette. That's why I'm hear trying to understand whats behind the buying and selling. To me GUMM is simply a stock to trade. As I implied earlier I like to short stocks that have a large downside and limited upside. Conversely I go long when the reverse is true. As I previously said it looks like GUMM should (not a sure thing) find support around 9-10. Well I'm short at 13 7/8. It was a great short at that level, now I need to be thinking about exiting. If I had inside info on how their 4th quarter will report I could make a more informed decision. My objection to the long side of GUMM has to do with it's very poor fundamentals (revenue, book, profit) as that forms the base of support when the hype and momentum is gone. As said previously the potential volatility in GUMM makes it one to watch

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