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


To: Mike M who wrote (3008)11/5/2000 9:45:15 AM
From: DanZ  Read Replies (2) | Respond to of 5582
 
I know where Schneider Securities stands on GUMM and they are much more likely to be buyers at the current price than sellers. This stock is undervalued, and in their words, the funds that are watching the company will be all over it as sales continue to increase or something happens to increase the earnings visibility. That something could be dental gum because Gum Tech's gum business will be profitable as soon as they start shipping it. Nicotine gum starts shipping next quarter, and while it won't immediately go to the bottom line like dental gum, the value of the joint venture with Swedish Match will increase as sales and profits increase. This will increase the value of GUMM since they own 49% of that asset. The value of Gel Tech will prove itself when the next IRI marketing data is released.

The postings from shorts on this thread indicate that they might be in over their heads in this stock. Positive fundamentals will drive it higher and anyone short will get run over. I also think that the big short in GUMM is using the little retail shorts that post here. The days are numbered for those who shorted GUMM recently and can't deliver the borrowed shares. If anyone doesn't know what that means, I suggest reading Uniform Practice Code Regulation 11830 as described in the National Association of Securities Dealers Manual and Notices to Members, Mandatory Close Outs of Short Sales. I have contacted several firms to see if they have any GUMM to short and they say no way in Hel*. Somebody has been using an ECN to short the stock the last week (IMO), and I seriously doubt if they can deliver the stock. The buyer can force delivery, and that's exactly what I think will happen.



To: Mike M who wrote (3008)5/23/2003 2:41:39 AM
From: StockDung  Respond to of 5582
 
The reason Schneider has been on the bid is because they respect the potential of this company more than you do SAG.

To:Sir Auric Goldfinger who wrote (3006)
From: Mike M Saturday, Nov 4, 2000 9:55 PM
View Replies (1) | Respond to of 4495

The reason Schneider has been on the bid is because they respect the potential of this company more than you do SAG. That someday that you are referring to might be quite a while down the road and at much higher levels than this. Of course, some day they may tire of the margin costs and choose to close out the position.