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


To: StockDung who wrote (4384)5/9/2003 11:19:44 PM
From: pz  Respond to of 5582
 
Truthseeker,

Please give me some reasons why I (or anyone), should take up a short position in this stock.

Fundamentally.....the company likely isn't going belly up anytime soon, since they seem to have plenty of cash. They may have problems with the lawsuit against their supplier, but that remains to be seen. Earnings next year will likely be flat to slightly down, but like I say, it's not likely going belly up.

Technically....it looks more like a buy at this point than a sell, at least to me. It could go lower I guess, but it sure looks like it's in a trading range of 6.5 to 7.5.

stockcharts.com

What are your thoughts? Any price target to the downside?

Thanks,

Paul