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Geron Corporation (GERN) Message Board

  • cpatrader2001 cpatrader2001 Dec 5, 2012 8:39 PM Flag

    FROM A 20 YR VETERAN

    ONE OF the great topic/threads is the one up there now.ONE CARD LEFT.1.14pps.Hesc asset to okarma.if so You cant make this stuff up.Who remembers the white sheep DOLLY grazing across the pond.??Just like an overwhelming percentage of other small bios .they just eventually go away.Will gern close its doors in 2014,2015,2016./???.CFO BAILED.The handwriting that had been on the walls of gern got alot larger and clearer this week .

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    • Geron has cut back its staff to conserve cash.
      Not unreasonable for an expensive CFO to go and be replaced by a less expensive in house staff member. Termed a resignation but its abruptness may indicate a sacking over disputes concerning company direction or maybe even a pay cut he wouldn't accept.
      As the companie's focus has narrowed and become less complex the need for Financial Officer probably diminishes, and he had nothing to do with the actual science.

      Sentiment: Buy

    • Cooper leaving unreplaced by another CFO does look like sour grapes and is worrisome for the future of the company.

 
GERN
1.97+0.11(+5.91%)Apr 16 4:00 PMEDT

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