Main line support is $2.30. Wasn't sure if the MM would breech the $2.81 signal last week but in such an ugly market he ain't takin any prisoners. Without news we's all toast crept fur thems hedgefund shorts
This is trading as if he's exercised the last registered shelf, just before the proxy date May 17th.
keep seeing more and more shares added to the tally 160 mil latest count
the only people making money in GERN are the hedgefunds shorting it and the management team. Shareholders have been raped
an over hanging acquisition is not a reason for a pay hike increase. The only hanging here should be GERON's CEO by GERN's shareholders. If he is elected in again on May17 you will know with certainty this company is entirely fraudulent. How could shareholders vote in a management team responsibly for a 50%loss of market capital? Janssen may be looking for a market cap buy out closer to $200 million. Gern's cash is worth only 70 cents /share now
it actually hit an interday high of $7.79 on Nov.7 when Dr. T leaked the results.(all over the trading floor)
March 15 was previous low of $2.64
Feb 29 was $2.41 (2 year low) of which we're only 30 cents away from. Basically Chippy hasn't done squat for SP since signing the Janssen deal in Nov 2014 almost over 2 years ago
he was peddling that story for over a year now.... I guess that's why he gave himself a $300,000 pay increase
he's still shopping for another start up...I'm afraid it might not be over till the fat lady sings and considering all those shares she's devoured I'm afraid we'll hear a burp before any song is sung
March 23 low was $2.78
we put in another low today
can you say a dble wide bottom?