Really---Just give it some time and we will see. I have been through numerous Jaw Dropping dilutions. This BOD doesn't care what price they do it at.
Nope I sold my major holding in this company a while back. I understand the philosophy of this BOD. They get the big bucks and this company has sold the vast majority of its assets. It's just about all gone. And IMET becomes a treatment, well, 20% is not very much to drive this stock anywhere in my opinion. And, if they are bought out, it will become just like HGSI and OCAT, IMO.
Of course it matters. He has already negatively impacted this pps of this company with the announcement of purchasing another company. They will issue more shares once Wall Street lets this run if, if at all, imo. I have been here for decades and know the philosophy of this BOD. This is a penny stock and nothing more.
They probably do, they simply don't trust the management of Geron. If they let this run, the BOD will issue more shares to pay their outrageous salaries and bonuses and buy some fledging company. Management had the best stem patents in the world and gave them away. This is the only way Wall Street can keep the management of Geron in check. I remember way back when they issues more shares with a strike price around 4 dollars. Unbelievable! Geron is simply a shell of a once potentially great company, IMO. Get rid of the current BOD and this stock will run.
I keep saying this and maybe I am wrong to do so, but if this is such a great opportunity with regards to a cure, why is this stock not performing?
It's almost funny. This company has a product that cure prostate cancer without any serious side effects. This is the future of EDAP-providing the best cure for now.
It will be much later. This is going to take at least 4 to 5 years more, maybe 8 to 10, in my opinion. This is what many doctors are expecting and this is why the stock is going down when many of the other biotechs are slowly going up. If this company has so much promise, why is it still a penny stock? I have lost money over the last 10 years with this company, and have more than doubled my money with other stocks in just the last few weeks. Geron has always been a dud when it comes to performance. I believe this partnership deal is a dud, unless they are bought out, and it will probably go down just like OCAT. The reason I say this is management has never been good to the shareholders of this company, but they sure are good at rewarding themselves.. Just stating the facts. Everything is always, "Just around the corner". I am very disappointed with the management of Geron.
So, fire away folks.