so honestly what's your disclosure here BM. Are you short, an INCY watch dog, a disgruntled long, a disgruntled former employee, some of the above or all of the above?
please join me in prayer....without a CEO it's all we have left. Please lord deliver us longs term investors from the clutch of the evil satanic short HF once and fur all.
looks like we are heading twds the death cross next week....50sma crosses below the 200sma
but yet no infusions and Chippy with a gag order from WS or Janssen? or both
what about fiduciary duty to shareholders in keeping them abreast of ANY developments? That is precisely what the judge said in giving guidance to the plaintiff on the last class action GERN faced. Chippy wasn't found liable to have said too much about IMET but rather too little to shareholders.
why did Chippy go hide 2 weeks ago? He could have said all systems still a go. No he said nothing and then rushed to renew the shelf and mention an acquisition hidden in the 8K without yet booking the deposit from Janssen. SP is trading like the deal is off.
The DJIA chart started correcting Aug 18, 2015. Geron started dropping after Aug. 5, 2015 when the market didn't like his acquisition sneaky comment on the 8K. Superimpose both charts and it is clear as the deception going on here. Tutes have slowly pulled out.
the fact that the CEO
1.mentions planned acquisitions in the 8K on Aug 5th,
2. then cancels the following CC.
3.This when Jansen has after 4 months of officially registering the trial start in June has yet to recruit one patient for infusion in it's world wide phase ll MF trials. Another obvious delay from previous mid summer trial start date expectations
4. The delayed booking of $35mil upfront payment from Janssen for no apparent reason.
If this all doesn't add Fear, Uncertainty & Doubt in the minds of investors well then Donald Trump must have real hair on his shtick shifter
5. renews another shelf 2 months bfr the previous one expires
got a spare raft....we're sinking over here in GERN
seriously when will this take place...in 5 years from now? WOW that should really impact SP tomorrow.
BREAKDOWN WATCH for possible breakdown below 2.92, no support in area just below.
Type: True breakdown from Triple support.
Target: 2.59, 14.5% Cover: 3.16, Loss: 4.3%, Profit/Loss ratio: 3.4 : 1 - Excellent
take the SP back up to $4.50 and I'll be out of here in a gear shift second.