I think both parties have this tendency to a less or more extent. And, in both, it's currently at a dangerous level. Perhaps, the voters themselves are polarized and, hence, may be considered responsible, who, in turn, are manipulated by vested interests through biased media presentations. In this heavy media manipulation current times, voters just have to use their own common sense to reject brainwash by the vested interests. That is hard because gullibility of less educated and less informed will be an impediment. Thus, the responsibility should squarely lie on the shoulders of the leaders of the society to correct themselves.
These executives want their bonuses and salary raises go up by saving labor cost, not from savings through product improvement and addressing their own greed. They call this "globalization" of business. Yes, that very globalization has transferred to the Chinese trillions of dollars worth of American wealth including stolen technologies developed by poorly paid scientists and researchers in American labs and institutions!!
Geronrocks, I am concerned about acuteness of the polarization, which is of course result of widespread party fanaticism, keeping aside what is best for the country. Crooks running lobbies are taking advantage of this situation for personnel gains, not for national interest. Absence of national spirit among civilians, media, and corporate executives is a sign of our social degradation. Like mlbox49 describing his frustration in his posts under "Chippy's bonus", Scarlett is no exception to this who, by squeezing huge remuneration every year since 2011, remains insensitive to what bothers long-time retail shareholders. Everybody in charge of leading the country and corporations (including bankers, corporate executives, and politicians) are after filling their pockets. Of course, there are exceptions; but, the proportion of these exceptions (like marines fighting on the war front) has been steadily going down and now at a dangerous level. Especially, the moral and social degradation at the top should be worrisome to all of us.
I am just taking a sounding to see how many monkeys reside on this board and how many really are true investors!!
may ultimately sink us all!! What is best for the country seems to be a forgotten principle, replaced by what is best for the party. What a disaster it is creating for hard working average Americans!! I am glad I will not be here long to see the demise.
mlbox, I wholeheartedly agree with all you have stated above and believe that it's a true statement of frustration of being a long-term significant shareholder. You are not alone!! Perhaps the Geron board, including Scarlett, are in bed with their big-bank buddies (like Merrill-Lynch) to let them acquire shares cheap and increase institutional holding while giving plenty of chances for their secret hedgies to make a lot of money through trading in and out as long as they get their remuneration regularly and hefty stock options cheap or at no cost!! No wonder the real-estate values are skyrocketing in the Silicon Valley (with all such crooks getting such free and easy money)!! Perhaps this is the Valley culture it seems to have learned from the Manhattan culture. While the dogs at these two locations stuff their pockets with easy money at a huge cost of ordinary Americans, our democracy is sinking perhaps in a deep abyss. God only can save us!! OR are these morons taking us with them to a much worse disaster than in 2008-2009?
eoi, thanks for the link. I knew that. My view is that the potential value of the patents and rights of the company as of now far outweighs such a lavish reward. Perhaps in order to attract the right guy for a 6cents/share company the board needed to accept the condition; but, at the same time, Wotton would not have agreed to accept the offer if he did not see any future either. Well, I am not trying to say you are wrong; we will just have to wait for some more time to see if my optimism gets its legs. If so, this is the time you may consider adding more of these shares, but not if you are strongly in doubt.
Well, eoi, in order to see where Ocata really goes, you will have to wait for some more time. Until then just closely review the potential of the products/treatments Ocata has developed carefully on just technical merits. If you see there is some believable hope, this is a good time to add. Of course, the managements of Geron and Ocata are not the same. One thing is sure - Dr. Wotton is a far superior guy to handle it now (after all the litigation matters are straightened out) than the accountant it got rid of. You will have to be a bit more patient.
Look at the bid-size, bid-price, ask-size and ask-price to-day. The vermin were able to drag the SP down to $3.00, but are not able to execute orders to buy at $3.00. The WS vermin can't find sellers at $3.00; unless monkeys foolishly help them.
Very true, IWS!! But a nerd who has no idea about it gives you downthumb!! Looks like vermin are frequenting this board massively lately!!!
Insider trading for Geron? I doubt because insiders for Geron are its board members and other few high-ranking officers. This is not a large pharma like J&J and, a only one-product company for which you and I have all knowledge that WS dogs may have: hence, insider trading for Geron shares is improbable. Yes, the board members may have WS connections; but, what secret information they can pass on at the current time when there is none!! I think the SP is currently controlled by WS traders, none else.
Oh, I can't deny that because I am also the one following that principle and will remain invested in Geron, without any selling any my holding in it but accumulating when its SP hits real lows, until IMET is out in the market. I do not want to bother myself making money like a monkey trader, trading in and out frequently (not worth!). I am an investor and will stay that way for Geron because it has come up with a product that will give life back to those on the verge of dying with deadly cancers. If my investment helps such people, I will have that as my moral reward - to me that is as important as making good on my investment. That is how our democracy succeeds and keep our dear country remain on the top, not trading like vermin and monkeys.
I wrote to my senator (he had been a senior and one of top ranking senator) suggesting him to introduce a legislation that imposes heavy tax rate (say 60-80%) to short-term securities trading gains. That way the government can collect a lot of revenue, if this continues, or minimize market gambling and fluctuations. You know what he responded with? - He professed how great he was in introducing a certain legislation; but, did nothing in this regard!! And, I started getting e-mails from his party soliciting donations!!! Not just that - the party started sending letters and e-mails addressing me as a member of the party, although I have been a life-time Independent!! What will you do, go to his office and slap on his face?!!
Please do not waste your effort. SEC is ruled by the very people who you want it to investigate!! Perhaps anyone who initiates such an inquiry at the SEC may have been getting fired or transferred!!!
I am SHOCKED to see a post from someone who always ripped others in a very sharp criticism whenever they placed a post on this board that does not pertain to Geron!! And, here, he is pushing for a Saudi company on this board!!!! What a hypocrisy!
In order to get the most reliable and direct answer to your question, I am afraid you will have to contact the Geron scientist(s) who developed IMET. Dr. Lane, if you quoted him correctly, is certainly more knowledgeable than any one posting on this board and. therefore, he must have good reasons to conclude so. I, however, doubt (no offense, trail!!) that what you state is what he really meant.
Faux, if you look at the trade sizes lately, it is generally 20K to 40K; i.e., $100K plus or minus a few tens. The institutional traders may be using programmed trarding thgat is guided by a software that must be plotting chart continually and adjusts trades based on certain preestablished limits. Further some of them may have connections with MM(s), perhaps an underhand cut to help these guys maximize their gain. The retail traders just use charts and charting techniques to make their moves. Some retail traders who are not so well-versed in these technics, just act like monkeys.
My point is that the securities market is intended to raise capital for businesses; but these vermin have transformed the current-day market to a predominantly gambling casino. I am sure the company executives looking for share-value appreciation must be finding it very hard to do so while dealing with these vermin. In reality, the SEC was established to bring order and sanity to the securities market through regulations; but, these vermin have learned to find loop holes in the regulations to disrupt that intent. And, unfortunately, since banks are allowed to get into the securities trading since Reagan's time, this tendency has skyrocketed so much so that even politicians are bribed not to introduce legislation that doesn't favor the banks, because these corrupt bankers and their hedgies must be contributing heavily to political campaigns. They all want to hide this criminality under an excuse of "improving liquidity" of the capital. Nothing we sincere investors in Geron can do about it because the system appears to me to be rotten to the core. I have tried to write several times to the SEC complaining about specific trading irergeularities; but it has been of no use!!
A downthumb means the person who doesn't like the comment above and the one who belongs to that class!! he/she doesn't like to called smart!!