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Non-Tech : GUMM - Gumm Tech International Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (96)2/25/1998 1:23:00 AM
From: RFH  Read Replies (1) | Respond to of 148
 
Too Late! I just sold 4% of my GUMM shares at 7 1/8 this morning. I began buying this stock at 10 1/8, and continued to buy at 8 5/8, 8, 7 1/2, 6 1/2, and finally at 5. As of right now, my break even point is 7 7/8. The trading philosophy I employ for trading this stock, known as AIM, can be located at Subject 12596
It uses the high Beta value of a stock to buy and keep buying on the way down, and sell sell sell on the way up. Believe me, it takes a lot of patience and perseverance to continue buying on the way down, as GUMM has demonstrated. Take a look at the site, and you will meet a lot of smart and dedicated people.

Sincerely,
RFH