not all of us here have unlimited access to the federal reserve's printing press as you seem to Jkokao. The only way you're making bacon in GERN is selling into the highs and buying into the dips. What's wrong buy back too early?
yeah and I believe in the magic unicorn as well.
Show me my $5.40 again and I'll stop being such a negative Nelly. This week the markets will be raped from behind by Greece, GERN included.
Jkokao I've been reading your posts for over 18 months now and I'm still down 30%. When should we not be listening to you? GERN's SP screwed a lot of investors with the FDA hold whoever was to blame. So far Scarlet has delivered a deal with J&J, who like Merck could back out anytime if they determine IMET not to be as profitable as you make it out to be..SP is still far below the pre FDA hold level of $5.40 last year in JAN through to March 13/14
The irony is that given Greece is the birthplace for our democracy it may now become it's burial grounds as well. Don`t embarrass yourself Joanie, even you aren`t that stupid to think we`ll be over $5 tomorrow.
right now I'm still looking to recover my losses. If shorting was available on this maybe I could recoup them faster however my broker won't allow me to.
Gern is still in a recovery mode not being able to breakthrough the $4.34 resistance we hit in April. If this was a bullish trend then the two subsequent tops $4.33 in Mar and $4.32 in June would create a bearish technical indicator, hardly a reason for celebration. Many investors were caught in the FDA's unexpected hold and if they hadn't sold after and taken a loss are still under water.
Seriously ratbug, Gern has been in a recovery position, not bullish pattern since the FDA hold over a year ago. SP has yet to recover to prehold levels of $5 in Jan & Feb.of last year.
Technically GERN hasn't been able to break through the $4.34 resistance since March 13/15. $4.33 was the ceiling on April 23/15 and again $4.32 last week on June 23/15. This has placed GERN in an multiple top pattern, which normally is not a bullish indicator for technicals. Check the recent chart on FINVIZ. The SP however has been heavily manipulated so too technicals can be.
this morning's numbers are 27.3mil. up over 2 mil from yesterday's close. Expect another Wednesday assault on SP this morning.
oops today's close short numbers are @ 25.1 mil not 28.2 which was yesterday's short numbers during the SP take down.
Interactive brokers daily updates not FINRA...financial seniors trading help line.
Check out GERN's confirmation of multiple top pattern today. Interesting to note INCY is also in a multiple top holding pattern as well.
when over 2million shorts were traded on any given day of 2.5 million volume this past week, it clearly indicates hedge fund manipulation was rampant. 28.2million shorted as of today's close, expect 2 million less positions tomorrow, even on lower volume
the last time Maine went line dancing was at a senior's home where he slipped on a puddle of urine and nearly broke his back.( the puddle that nearly broke his back)