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Geron Corporation (GERN) Message Board

  • Multimedia_BBQ Multimedia_BBQ Jan 23, 2006 4:20 PM Flag

    I have held my shares though all of

     

    this. I even knew it was going to go down. I could have sold and bought back at a lower price, but I didn't. The reason why, is that, without any notice, some day, Geron will have big news. It could be a new stem cell IND, positive telomerase results, passage of the stem bill, prop 71 funds flowing, another deal with big pharma, even a buy-out. The price would gap-up so fast there would be no time to buy my shares back. That is why I keep my shares, until that very special day when I wake up and find my GERN shares are 2,3,4,5 maybe even 6 times the price I bought them at. I just cant risk not having those shares in my account. I am young and my average cost basis is low. I am willing to wait for the reward, it is coming, I have time.

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    • goodnight_mrs_santas_sister goodnight_mrs_santas_sister Jan 23, 2006 5:07 PM Flag

      this. I even knew it was going to go down. I could have sold and bought back at a lower price, but I didn't. The reason why, is that, without any notice, some day, Geron will have big news. It could be a new stem cell IND, positive telomerase results, passage of the stem bill, prop 71 funds flowing, another deal with big pharma, even a buy-out. The price would gap-up so fast there would be no time to buy my shares back. That is why I keep my shares, until that very special day when I wake up and find my GERN shares are 2,3,4,5 maybe even 6 times the price I bought them at. I just cant risk not having those shares in my account. I am young and my average cost basis is low. I am willing to wait for the reward, it is coming, I have time.
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      It is human nature to construct illusions to avoid confronting our mistakes.

    • I have been hearing these same comments from dreamers for over 5 years now. Just don't think that it will explode up. A more gradual increase is highly probable. In all likelyhood you would have time to get back in.

 
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