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


To: Eddy Blinker who wrote (7203)4/4/2000 6:22:00 AM
From: Hank  Read Replies (1) | Respond to of 10293
 
"Would they have been better off in their ultimate buying decision if they could have been informed by the ticker in real time about each short sale transaction pertaining GUMM? Before they parted from their money?"

No. The short interest has been steadily climbing in GUMM for months now and began well before the recent decline. The longs have known this for some time but have chosen to ignore it and believe that the shorts are "stupid" and know nothing about this company or it's business. Now, they are being punished for not paying attention and will continue to be punished. If you're going to margin everything you have on a heavily shorted high risk stock and then refuse to take a loss even when the trend has clearly gone against you, you deserve to lose money. It's that simple.

The shorts aren't responsible for GUMM's decline. A weak product pipeline and a failure to produce sustained earnings is.