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Geron Corporation Message Board

  • lws2000 lws2000 Jan 21, 2014 2:19 PM Flag

    "Holy Grail" (Imetelstat)-- Breakout Point has to be out of the "channel" with upward trend

    This stock has been manipulated to remain in a channel between $4 and $6. I would consider a $7 close a breakout, along with a continuing upward trend. Some brokerages are predicting $10 soon (for example Piper Jaffray & Dr. Duncan). The "Holy Grail" idea seems real, and is just being recognized as "no-fake and no-fraud" by investors.

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    • This is a real tug-of-war: Investors on one side and manipulators on the other side. The investors will win, since everything is on the up & up. Mayo and the clinical results are a positive force that cannot be stopped. The only question is the time frame, which could be days, weeks or months (not years). The news is too good, and the pipeline is too promising. The FDA is slow, but not blind.

 
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