I wouldn't call GERN a scam. I think they are really trying to do good and discover new drugs and all that. Unfortunately for their investors, they have yet to be successful at anything meaningful. Like many so small boi's, they are forced so sell shares into the open market in order to pay the bills. Perhaps one day this will change, but I'm not putting MY money into it.
I think it's popped as much as it's going to pop. Just got a few shorts @$10 and put a $10.25 stop on them. Anything's possible but I think this sells off from here.
Just another dog and pony show put on by GERN so they could sell more of their own stock to lemmings. This is how they stay in business, this is how they pay their bills. With YOUR money.
Been waiting for a spike to short this turd. Got a big short position at the open. GERN has a habit of releasing "positive study results" just prior to their investor seminars.
GERN survives by selling stock into these pops. I short them because I have a 100% success doing it.
I really don't give a rat'sazz if you believe me or not. I offered an opinion based on years of trading his garbage over the years. When this current price pop plays itself out you and your ilk will be heaped into the trash bin occupied by all the past losers who thought GERN was "the next big thing".
Can't smash me baggie, I'm unsmashable. I have no position in this junk right now, just offering my expert opinion. I'm just about to pounce on you buggers though, it won't belong. As soon as their "investor meeting" has concluded and GERN offers nothing substantial, this turd will crash. I've played this same scenario many times over the years. My success rate on shorting GERN is 100%.
Over the years GERN has supported itself by selling the only product it has...its own stock!!!
They've never made a dime and probably never will.
Interesting that the company did not (could not) challenge any of the points brought up by the writer.
The writer on SA actually did some real actual due diligence and reported his findings. Compare that to the big bucks pay-for-pump that RedChip engages in. I'll take facts over pumping any day. Shorted this turdy @13.55 and not looking to cover until $5.
"This company does not need any promotion."
If they don't "need" any promotion, then why did they give RedChip 15000 free shares to sell on the open market to fools like yourself PLUS a monthly cash fee to promote them??
You seem to be ignoring reality.
" Don't believe they'll do these recommendations for any company flashing money in their faces"
Oh yes they will. They are in business to make money, and they make money by pumping the stocks they are paid to pump. This is their ONLY reason to do what they do. PERIOD.