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  • mclarence89 mclarence89 Aug 30, 2010 11:14 AM Flag

    Maybe I'm being insensitive but...

    I do not believe you are insensitive here. Everyone is assuming that the FDA has ALL they need. No shareholder knows if this is true or not. If I was one of the 12 folks in this study I would want complete assurance from the FDA that it is at least safe to proceed. The FDA has a very bad past history on approving drugs that make it on the shelves because the companies say they are safe. Drugs for weight loss such as Redux, Fhen-fhen, Vioxx and there are many others. Let's face it. Shareholders of Geron and ACTC want to make money asap. You can just read these posts every day and see that patience has flown out the window. Instant gratification is the game today in this country. Gotta have it right now. Patience was for the old generation. This company IMO will do great things in the future BUT you have to wait on it. If you have a well rounded portfolio it's really easy. Some of your stocks should have a ripeing of say 6 months, others with a 12 to 18 month timeline and speculative stocks like ACTC, BTIM, ASTM,etc. 2 to 3 years. It is easy really but if you have a 3 to 6 month timeline for ACTC you will no doubt get frustrated if you don't see this "going to the moon". Takes time. Also I hope everyone here realizes that individual retail investors have left the market. Latest mutual fund redemptions of 33 billion that was reported recently proves that. Patience is dictated here folks.