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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (1506)11/8/1999 4:23:00 PM
From: DanZ  Read Replies (1) | Respond to of 5582
 
<This pig looks very weak to me.>

Then you obviously don't know how to read the tape. It looked like somebody placed a market order to sell stock with the intent to push it down and make it look weak. The reason I say this is because HRZG kept moving his offer down without regard for where the other offers were. Typically this only occurs when a market maker is executing a market order. At one point, his offer was 3/8 below the next highest offer.

There's no way to know for sure, but a short seller who was boxed could have sacrificed stock with the hope that other sellers would panic and push it lower. It didn't work, because as soon as the "sell program" was finished, buyers came in and started pushing it back up. If the bell hadn't gone off at 4:00, the stock could have recovered all its lost ground. These short term games don't mean squat in the long term. In the long term, fundamentals will win and you will lose if you remain short.

Regards,

Dan



To: Sir Auric Goldfinger who wrote (1506)11/8/1999 4:49:00 PM
From: Mike M  Read Replies (2) | Respond to of 5582
 
Any of you fish feel confident enough to buy?


I don't know about the fish, but you bet your sweet @ss I feel confident enough to buy....Just keep sending it my way Auric, aka Stephen....

Just remember this, every share that comes my way goes into a deep pocket....and stays there a long time....

How about them APPLES!