Anyone trying to selloff (i.e., causing SP drop) just because Geron can't post the gain due to the JNJ money not in the books when the company hasn't yet placed a single product in the market is full of SHXX, doesn't understand what business the company is in and where it is. No wise investor is looking for that entry; only dime-a-day loving day traders will be looking for this!!!
Black, I do not dispute that you make a few hundred dollars daily currently and are fattening your 401K; but, that requires to spend your time continuously on watching movement of all your stocks and posting on this board (which is useless to others visiting the board)! You are dancing to-day because you made some money; but, don't tell me that you always have such good days!! In life, there is a value of pleasure and good times and of productivity that helps you get a better sense of achievement. It is not just dollars that gives you pleasure in life; there are a lot of other things that give you perhaps a better kind of happiness!! Well... why am I saying all this on this board?!!!!
Maine, if you like to be "real" and hate conjecture, look into the mirror and see if you really are what you claim and not a hypocrite yourself!! Be unbiased!!!
If you do not need 401K money for retirement, why to go through all the hassles of being a day trader? That requires you to track stocks continuously on your computer and often spend stressful moments. Instead, you can spend that time in doing something worthwhile and meaningful that gives you more pleasure. Of course, you will save all your time using Yahoo boards to place posts and respond which is never appreciated since you hardly get any thumbups and get almost all thumbdowns!
BLACK, 401k plan is primarily your old-age pension plan. Typically, this money should be invested in balanced funds consisting of blue-chip or safe stocks, money funds, treasuries, and so forth that appreciate at least to cover inflationary reduction. Putting that money in speculative securities really defeats the purpose. For trading in and out of risky securities, generally you use excess funds you have that you can afford to loose. Anyhow, your argument for tax consequence of trading of securities in your 401K or Roth plan is true. ,
Why are you guys so concerned about this? Isn't it enough to know that Geron doesn't have any debt and has $150M cash in hand - enough to cover its burn rate for more than two to three years?! Cnocern should be expressed really if the bozos at Geron has too much cash in hand, they may use that up to buy their cousins' worthless outfits (working in their basements) giving them hundreds of millions when they are worth only a fraction of that? Raising non-issues as issues and dwelling on those is only for the dumbs!!
It is purely a manipulation by WS crooks. Nothing new!! They do that under the cover of media reports of stock coverage.Typically, these jerks place a large sell order and let the monkey traders, like Larry, drag it down. then, these jerks having dragged the SP to level they want, place a larger buy order in two to three split orders. Monkeys get trapped!! MM gets his business and the life goes on!! All tiny-minded posters on this board keep wondering and semi-pundits start placing posts of what happened, like four blind persons describing an elephant!!
Having been satisfied with the facts that JNJ has plunged in to take up full development of IMET, Mayo has proven that IMET brings about CRs and PRs, the FDA has granted the ODD confirmed that IMET, and Geron is a debt-free company having $150M cash in hand you will be a fool to listen top all the noise idiots make. Just take advantage of lowered SP, if you can, and add more.
as if the MM manipulated the SP down all day to execute a buy order of 200K shares at market close!! Apparently someone close to the MM had the MM cooperation to get those shares at the lowest possible price for the day!! Must be a hedgie!! The system seems to be rigged. Can the SEC investigate what happened and how the SP was steered all day to-day to favor someone at the market close? Note that it did not happen on a Friday!!
I think the vermin will take it down closer to $4.00 (not below it) and then start buying in frenzy now, followed immediately by taking gains!! The game will keep going on every day!!
I think the dime-a-day seekers have got a bit more greedy and are using charting techniques to drag the SP down through fake or small-size bids and grabbing shares in higher volumes at lowered SP to make their daily gain. These jerks know how to manipulate market through such techniques. They will keep playing this game until some news come out when the hedgies will start doing the same thing, using these retail traders as monkeys.MM is happy because this activity improves their business, calling irt "necessary liquidity" to fool politicians. Geron management is totally inept to deal with this kind of casino-conversion of the stock market. The SEC guys, knowing all this, can't do anything substantial to stop because the corrupt legislators won't give them adequate authority and reasons or resources to deal with. The vermin have massively infected the whole market and nothing you can do to stop that. Greed for easy money has deep roots in our society!!!
Mr.Peters, work harder to find out such facts for members of the current board. We will appreciate that. But, not something you dig which has no relevance at present unless you are doing to self-serve!
Black, do you know how and why the securities markets developed? And, what is the function of securities issuance? Why corporations in need of growth do that? Ideally, it is and was never meant to be a casino!!! It's the corrupt government, greedy bank executives and, especially, easy-money seekers (who do not want to do any constructive work and earn their living through sweating) are the ones who have converted this once healthy corporate financing vehicle to a gambling casino. Go back and study the basic philosophy of securities markets and its intended functions in a capitalist democracy or, for that matter, a non-democracy like China. If you are a true member of a civilized society, you should invest in securities of your choice and not use them to gamble and manipulate to fool others, especially the vulnerable ones, to make your living!!
Only AST stock beats in the race for low-volume trading!! All retail day traders looking for dime-a-day gain!! So, all the mud throwers on this board are doing is to just affect these dime-seekers. They're trying to beat each other while the company is proceeding nicely in its path to glory. Within a couple of years the name OCATA will be on its way to be a household name in the opthalmology world.
Did you have lunch with him and ask that? how do you know his mind?