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

To: Mad2 who wrote (4143)	6/22/2002 11:12:03 PM
From: DanZ	Read Replies (3) \| Respond to of 5582

Thanks for stating the obvious, Mad2. I would love to only be long stocks that go up and short stocks that go down. In fact, I would like to go long a stock at the low for the day, sell it at the high for the day and go short, buy it at the next lowest point during the day, and sell it at the next highest peak for the day and go short and... Too bad it doesn't happen that way, huh? At least not for me. I didn't know that you were 100% on your trades. Wow, what a stock guru! One would think with that kind of track record you would have retired long ago and you'd be spending your time doing something other than posting on Internet stock message boards. Here's a fact, mad2. Most people have limited investment capital, and can't buy and sell every single stock on the planet. You have to pick and choose the stocks that you think will offer the best return on your limited capital, while at the same time understanding the risks and diversifying enough so you don't get blown out. I have at times taken too large a position in a single company. It has both made me a bundle and cost me a bundle. But that's not the issue. My point is out of the universe of stocks, would you rather be short a stock that goes down 20% or one that goes down 90%? If I beat the market averages, I feel like I'm doing well. It is hard to make money every year, especially when you are long any stocks during a period like we've had this year. However, I am pleased to say that my MTXX stock has done very well this year, and that my overall portfolio is up for the year because of it. This stock has not been a good short this year, and I don't think it will be a good short going forward. The company just announced five new products. How much revenue growth do you think they will get out of those five new products? How much do you think they will earn this year and next as a result of those five new products? Didn't Carl Johnson say that even more new products are on the way? Haven't you heard the old adage don't bet against good management? What is your reason for shorting this stock now? I understand why you shorted it two years ago, but haven't things changed enough to warrant rethinking your position? More than 1 million short shares have already covered and the stock has done well during the recent market downturn. What makes you think the stock has enough downside from here to warrant the risk of shorting it? Good luck, mad2! I'm staying long MTXX, and I think that the stock will trade a lot higher...not on hype, but on the back of substantial revenue and earnings growth. Isn't the road show starting soon? It will be easy to find buyers for this stock when C&A and Carl J tell people what the company is doing and where the growth will come from. There's still only 10 million shares outstanding...there's plenty of earnings leverage here...and will they announce a partner for international distribution? What will that do to a short position? Dan