Not a level playing field at all, but once in a while retail gets it right--I think Geron may be one such case.
Keep writing letters to regulators and congress. A small group of committed people CAN change the world.
(Except the shorts who slow the progress of life-saving therapies by damaging the ability of little companies to raise money in the capital markets--Do NOT feel sorry for the shorts.) Have fun longs.
I agree, sg. While big pharma like to play it safe and let the little biotechs take on all the risk (delay the buyout), this time the reason for no buyout may be Geron's wish to develop and license other indications. We'll find out. Good luck to all longs.
Thanks for that reminder, eme1million! I have also seen this kind of price action with other biotechs the day of good news.
I buy and hold, but I am sure many people are hurt badly by the counter-intuitive moves of the market.
Yes, ikester, JNJ isn't waiting with the rest of us to find out if the news is good from ASH. They already know, and I'm investing with THEM.
Imetelstat has shown positive results in multiple indications. The JNJ deal is step one. Good luck to all who invest in a hope for the future.
Other uses of imetelstat are already being investigated. Evidence of its effect on cancer stem cells is well known. JNJ is just the first of many interested parties. Good luck to all (longs).
Couldn't agree more, but for the uninitiated out there, there will still be large counter-intuitive swings in price for a long time to come as the powerful try to shake loose as many shares as they can. None of this matters to the long term holders. Today's news is great news.
Tax loss carry-forwards are not "lost" as some posters have claimed on this board. They are only lost if the acquiring company turns around and sells before two years have elapsed. Look it up. This is a very big deal to the potential buyers out there.
As an investor, not a trader, Geron is looking pretty good to me. More and more data equals less and less uncertainty. I'm buying at these prices.
As someone said earlier today, the big boys use dark pools to avoid tipping their hand. Ignore the price, buy the science. JMHO