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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (5060)11/24/1999 4:04:00 AM
From: RockyBalboa  Read Replies (2) | Respond to of 10293
 
The GUMM insiders don't think that way, perhaps.

Why do they file planned insider sales before the season even started? Because they believe it can rise a bit - yes (actually it rose, but I attribute that to a hyperbolic market).

But then they somewhat acknowledge that the rise may be "temporary", to say the least.

On another note I see how quickly the mood of GUMM longs erodes when the price can not sustain its previously reached heights.

A convinced value investor would react very different to temporary (???) drops in the stock price.

However, GUMM longs react a bit different, driven by fear, and by their urgent need to talk up their stock. That is my take and ultimately leads me to the conclusion that the direction is south from here.