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


To: Mike M who wrote (2195)2/6/2000 3:13:00 AM
From: Carl R.  Respond to of 5582
 
I agree with your general thesis. But unlike some posters on this thread I am delighted to have someone with Hank's medical credentials on the thread, especially since he is a skeptic. I can assure you that the worst thing that can happen to a thread is to have all the bears leave. When that happens, the next thing you know the bulls set themselves up for trouble by ceasing to critically examine the evidence. I'm not saying that Hank is right; certainly he was wrong to short at 17, and wrong in his projection that they couldn't make a profit. Rather I'm saying that Hank could have been right, and that in order to remain objective we need to see things from all available perspectives.

If I only talked to people who agreed with me, how could I ever learn anything? Therefore I prefer to talk to people who disagree with me or who know things I don't know. You may find this odd, but I never would have bought this stock in the first place without the posts from Hank and the other bears. Seeing the bullish view is easy enough, but the stock is heavily shorted, so there must be another view. If I couldn't have ascertained what that view is, I would have passed on the stock; on the other hand, because of their posts I was able to understand their view, evaluate it, and make a determination that I believe they are wrong. Otherwise I would have never bought a stock that is this heavily shorted.

Carl