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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Eric Fader who wrote (516)4/26/1999 1:55:00 AM
From: DanZ  Read Replies (2) of 5582
 
Eric,

You have pointed out precisely why I decided not to trade my position in GUMM. As things turned out, I would have been better off trading it over the past two months. Unfortunately, there's no way to tell when news will come out that will send the stock significantly higher. Two stocks that I regretfully traded for small profits this year include NITE and TUNE. Both stocks went up over $50 a share after I sold them and I left hundreds of thousands of dollars on the table. I'm certainly not suggesting that GUMM will reach $60 this year, but I think 25 to 30 is likely if Zicam does well or if GumTech wins a supply contract from Watson.
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