To: Bill Wexler who wrote (4546 ) 11/1/1999 5:55:00 PM From: DanZ Read Replies (1) | Respond to of 10293
<The publicity wasn't free.> You're a liar. GumTech didn't pay for the article in USA Today. It wasn't an advertisement. It was a article and it reported news. You must have no conscience to intentionally mislead other investors to their doom while you try to save your own ass. Regarding your comments in message 4541: <I am not sure if today's bogus news is the climax to the pump and dump> What bogus news are you talking about? There's nothing bogus about it. The news is real. There's no pump and dump either. The rise in the stock today is a result of at least three things: new investors finding out about GUMM because of the press release, USA Today article, Howard Stern e.g., a break of chart resistance and a new all time high for the stock brought in many new buyers who trade based on technical analysis, and short sellers covering before they go broke. BTW, I didn't sell even one share today, so I'm not part of your ficticious P & D. <however, the volume certainly does indicate distribution.> Say what? The money flow today was positive $993,356. That indicates accumulation, not distribution. Nearly 1 million dollars of positive money flow. This is a very strong number for GUMM. I am downgrading the stock from a stock promotion fraud to criminal fraud due to the suspicious trading activity in the days prior to this "big announcement". LOL...criminal fraud?? Who is the criminal and what does it have to do with the company?? Let's assume for a moment that somebody who knew about the news today bought GUMM last week. Any number of people could have had this information last week, including employees at Edellman, Kovel/Fuller, and USA Today. I am NOT accusing anyone who had this information of buying GUMM, but let's say that they did. What difference does it make? This would have absolutely ZERO implications to GumTech although somebody outside of GumTech could be found guilty of insider trading IF if happened. Most stocks rally ahead of good news and decline ahead of bad news. It's just the way that the market works because it is an efficient discounting mechanism (most of the time). If you didn't ignore technical analysis, you might know this. The fact of the matter is, the PR that resulted today is only the beginning and Zicam is much bigger than Bill Wexler. One can only laugh at how ludicrous your recommendation is to increase a short position in the stock. <May increase short position significantly if the stock can hit 18, but hang on for now.> No problem. You'll probably be able to short all you want at 18 as the stock moves through that point on its way higher. This assumes of course that you can even find a broker that has GUMM to short. I find it rather ironic that everyone that I ask says "no stock to short" when I ask them, yet you seem to be able to short nearly every up tick nearly every day.