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


To: Mike M who wrote (3019)11/5/2000 6:12:41 PM
From: Mark Marcellus  Read Replies (1) | Respond to of 5582
 
Let's see. Market makers match buy and sell orders as well as trade for their own account. They attempt to insure an orderly market

I'm not short this stock right now, and I'm not necessarily looking for a smoking gun. I just want to know what the heck Eric was talking about. I am aware of the standard role of market makers in ensuring an orderly market. Every Nasdaq stock, all the way up to Microsoft and Intel, needs market makers to perform that function. If that's what he was talking about, why isn't GUMM going to need anyone to do that anymore? Are they being delisted?

And if he was talking about the brokerage arm marketing the stock to customers, if they were doing it to "stabilize" GUMM's market, it sounds like a conflict of interest to me.

Let me be clear. I'm not accusing anyone of anything. I'm just trying to get some clarification on a rather puzzling comment which could be construed as referring to some less than honorable activities.