The PPS is being held in a very narrow range.
Does this have something to do with options expiration or is that just a cop out for those with no clue.
Of course I know I will get ranked in that group and YES, I HAVE NO CLUE as to when the PPS will be free to react to normal trading.
I have a clue, actually a few clues, but non can derive certainty. I mentioned the $5 Crush, which is looking well now. .5 on the Calls, .45 on the Puts since last week. I have started observing Bollinger Bands, and have a clue to hit 5.25 next week at the 13 and 20 DMA. GLTA Go Imetelstat
The stock should trend to 5, which was the most active strike price of options that traded the past quarter. Shouldn't go much above, but should be pulled there all day. Most of you understand the reasoning (closing positions vs strike etc) - pretty typical in a situation like this with news out and many option bets being placed
The long suffering longs who just wanted their money back, accomplished that in the 5 to 7 range. High volume, sell the news, I'm out. See ya later. I'm glad that's over. Whew, thank god.
Whoever is still holding, manipulating, hedging, or shorting, is really just waiting for 2014 q1, like me.
Serious money that might want in has to wait for more news (data), because Geron is now a one trick poney.
That's my take.
There really isn't anything going on.
There is too much of this narrow-minded thinking, such as you exhibit here with those remarks. Geron still could gain from hSECs in the right hands. Their cardiomyocytes in the right hands could be worth billions, with a "b," but limited thinking has thwarted that for now.
Lol,Hairys' frustrated! I imagine he's in better position then myself!LOl,check-out what I did to myself,I was in good @3.60,then,lol,decided to more than double my position and added as high as 6.20!!!Lol,hope this makes Hairy feel alittle better about his position!!!!!!!