the 62K he bought of CHMA on the 15th as a director speaks vol. of what he thinks of CHMA's prospects. GERN on the other hand keeps giving him shares so there's no need for him to buy off the open market.
I thought standard qualifying warning statements covered any possible liability on forward looking statements which most CEO's make to promote their company.
MEIP just like GERN had an 80% pullback on SP this spring and almost 2 years later GERN has yet to recover it's SP. They seem like very good comparatives. Worst stock I have owned in years. EIEIOH!
but on the bright side looks like GERN's about to put in another bottom. Another buying opportunity . How many per day....this stock just keeps on giving........up!
$5.40 was the close on Jan 23/14 following dilution and prior to the FDA hold. The stock appeared to be gaining traction, not about to get an 80% haircut 5 weeks later. It was a great set up for retail suckers like myself to buy into.
It`s probably higher than that. Yesterday`s 2.9 million short increase surpassed actual volume by 900,000 shares. This can only be achieved by naked shorting yet GERN never shows up on the SHO list. Must be some black pool shorting smoking mirror at work.
So far that seems to be the pattern established by MM & missing management here. ``SP deliberately kept down for a sub par buyout.`` GERN has never given shareholder anything back as far as I can see. ASTY profits were realized only if you held and sold out in the ensuing SP squeeze play making them far more than the company`s real intrinsic value. As to GERN, anyone who bought in 2 years ago on IMET's potential hype is still underwater. We still sit below $5.40, the pre FDA hold price. Why is that. Any slight gain is followed by months of a narrow fluctuation spread played mainly by hedge funds and day traders. This is not a long term investment stock. It leaves investors drained, disillusioned and demented. If we don`t get some official PR from Janssen , nor the company it will definitely support your low ball thesis. Shareholders have been worked to exhaustion here.
The only trigger will be a PR from Janssen, but as a potential buyout they're not big on pumping up GERN's SP beyond this bargain basement level price buyout.
the only thing baked into the SP is my frustration with it. This group of MM won't let it out of their reach hence we have the likes of leisure suit Larry posing as a lumberjack working GERN's xtra wide bottom with a chain saw.
well I'm still below my pre hold entry over 18 months ago. This after the hold was lifted, J&J inked the deal and John has managed to survive in good health, without another IMET infusion for well over a year now
no it's just reality in the numbers. I was #$%$ off then with such a poor response to the news as I'm #$%$ off now eight months later with the SP. Regardless of how u spin this it's a pathetic stock investment