4 of the sites I check daily have pretty ugly techicals on GERN. Wouldn't normally get in a knot but the candle chart is pointing to a significant move in SP (tightening Bollinger bands). If we were bullish right now I'd be delighted like Joanie but all indicators are pointing to a major reversal. The volume is low so it could be a non event but I just don't like what I'm seeing. That and the growing short position.
Chippy better be pulling a rabbit out of his hat.
GERON is HQ'rd in Menlo California....San Fran Bay area. (just helping direct picketers to the right location)
If only Ponce De Leon had known this info on increasing capacity of cells using telomerase reverse transcriptase, the fountain of youth would have become much more than it is today; a typical low level Floridian tourist historic site flogging a diarrhetic sulphur laiden water spring with costumed manikins depicting the momentous discovery.
Agree with your synopsis Bee to the point of "opportunity for fresh bad news" At this point Scarlet has made it clear that there would be a "no news period" till mid year. That alone would encourage shorts to jump in based on the attrition that favours a flagging SP over several months of retail fatigue. Far easier to control SP where the buying has dried up. Does not look favorable for longs holding right now. Should had followed E2 to ARWR despite all the law suits. If Scarlet is worth his $2.6 mil+ bonuses, he may still have some ammo he can shoot the shorts with but looks like fall hunting season is over for now. Also little retail can short at this level. It's purely hedge funds in control.
short hedge funds "SEEM" to be in control....if ever I read an understatement.
every techy site is recommending to SHORT Gern (American bulls), 40%, Bullish
60%, Bearish Trade Quality: Downside 100%, Excellent (Stock Consultant)
This following a month after all this great "news"
The Bollinger bands point to a major move and it ain't looking bullish for GERN. (Candlesticks)
I doubt Irish currently uses agent orange on her rose bed but past exposure may be key. Golf courses are still notorious centres of environmental toxicity. High rate of cancer amongst grounds keepers
and their rally's right in the middle of a big class action suit. I thought that's suppose to matter wrt SP?
I took Main's advice and sold my AST but not till it started coming down off it's high. Never realized BTX was I the deal as well...it was too confusing to see clearly what the pay out would comprise and if it would be worth it. Can't complain but I rolled it all back into the GERNY freezer.
Is that $900 million each?
It may begin to compensate 4 for some of the anguish I've experienced here as an investor.
nice thaw today Kitty. Picked some up yesterday but not enough to keep the cold out all winter.
Curious what happens to our CVR's in TSRX & DRTX after being sold again?
I've got about as much as I can stomach. But I hate the silence. Who would have thought AST would be at $3.89 whilst GERN the parent company struggle at $3.00? Nice cup formation in AST.
midnight bids are subliminal in nature just like the daytime MM bid lot signals. Read up about them.
"-100 I need shares.
-200 I need shares badly,but do not take the stock down.
-300 Take the price down so I can load shares
-400 Keep trading it sideways.
-500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal."
I wish Chippy would make some news ....anything.
"Chipmunk seminar on riding a bumper car in an amusement park is a lot like running a company"
....we broke down through the 20 SMA today and bounced off the 50SMA @ $3.10. Not a sign of strength as the main support trend line didn't hold. Sorry fellow critters Gerny is in the freezer for now.
Big surprise but more disconcerting is his no vote of confidence for a longer term hold SP increase.