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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: margin_man who wrote (52207)	7/7/1999 2:34:00 PM
From: Bo Didley	Read Replies (1) \| Respond to of 90042

GUMM ---------- GUMM-----------------GUMM This is the reason to hurry and buy it: The major MM of GUMM is changing clearing firms. RPR, the current firm has lent out 600k shares to the shorts. RPR is sending letters out in the mail the next few days requiring the shorts to cover so the stock can be transfered to the new clearing firm. GUMM only trades about 50k shares a day. When 600k shares have to be covered in a few days, it is going to be explosive! During the explosion, I think the remaining 300k shares shorts will start to cover as well. Accumulate shares now and enjoy the short squeeze next week. bo