Ever since this management went to MerrillLynch, hedge funds have taken over the trading of this stock. I do not know what they paid to Scarlett and company underhand; but, these hedge funds are making out very well, of course, with cooperation from the MM. Nothing you can do about it, being just a small retail cookie!!
It's neither the company nor the staff that developed IMET and was responsible for hundreds of patents, some of which sold dirt-cheap, it's the bloody stupid management that lacked foresight. The current one is even worst, except for the lucky step it took to go to Tefferi/Mayo, without which we still would have been experiencing the aftermath of that "complete hold". Tefferi and, perhaps, the FDA forced this stupid management to seek refuge from Janssen which they wisely - believe it or not - did that has saved our investment. Otherwise, these bozos, after filling their pockets with hefty compensations, would have left nothing for us!! Now I hope that these bozos do not spend all the cash in hand and the money recived from JNJ in buying worthless outfits/products from their cousins!! Hope they do not choose to lie in bed with WS crooks to accomplish that.
Cabeman, good thoughts, realistic but somewhat optimistic. The problem with Geron is not why IMET is not being actively tried for solid tumors, it's the greed and lack of far-sightedness or inaptness among most members of the Geron board. As long as these guys run the company, it is going to be in a limbo. Do you remember that this board saw it to be wise to get rid of the people who developed IMET in the first place?!! Then, declared the solid-tumor trial to have "failed"!! Except having lack of foresight, who in the right mind would have so stupidly declared the trial to have "failed" and force Tom-Dicken&Harrys to drag the SP to below $2!!
These idiots must be replaced first to bring about the full potential of IMET to fruition speedily. All Scarlett and Huh did in the past is developed tiny biotechs and sold to others because they do not have either guts nor ability to develop a world-calss outfit. These chicken can't do that!! Only thing they know is how to fill up their pockets with higher and higher compensation and free options!! And, if the folks at Janssen and Tefferi realized the potential of IMET, JNJ management will try to take advantage of that to the benefit of JNJ shareholders and not Geron shareholders. Geron shareholders' fate is tied to the bozos who kept screwing up except having shown some sense to seek help from Tefferi, without which we would have been doomed!!
Keep, I do not consider this to be a junk stock!! This company which owns valuable patents and a breakthrough technology in the regeneration area with potentially a huge market can't be treated as a "junk stock" company!! Isn't why you still remain invested? If you can't have faith, you should just divest out of it and find a company you like to invest in. It's your money and you should do what you like and and not what you dislike. That's what I do!!!
Jack, I am just stating my observation. Not being a God, it's bound to be questionable!! Any how, the SP has been steadily going up from $3.80 level last week. Also, June end is around the corner and news w.r.t. the trial must be out pretty soon. The WS guys get these earlier than you or I. All we can do is guess based on the SP movement and trade sizes; and, that is what I did.
Keep, sorry but I missed this post. And, surely, it is a damn good post. Thanks.
Regarding your doubt about no word w.r.t. need of partnership, my feeling is that the management must be keenly and better aware of it than us. I see grant of raises to Wotton and Lanza by the board as a sign that something positive must have been accomplished by them. Regarding partnership, I think, the management may have weighed options of doing it now or a bit later (say, after Ph 2 results are available) and may have clearly seen it better to do it later. Whatever it's, I am more confident than you that the things are going in the right direction and the temporary blip due to the offering will go away as time passes. I think, it's wait and see period that requires some more patience on the part of shareholders like you and myself.
once the trial details are announced and soon. The company may have collected a few million dollars through partial execution of the offering and the rest will be done later at a convenient time.
no one on this board really knows - as usual!!. My guess is that it has something to do with the trial or certain institutions recognizing importance of the orphan-designation grant. Whatever it's, the SP may be in a breakout mode and the shorts may have finally reversed their mindset for GERN.
You call it a "scam company" and yet are an investor in the company for 4 years!! Keep, that seems strange!! And, if you have been following the company for 4 years, you should have understood the fact that the company is much more stable now than just 2 years ago and its future is certainly more clear! What is your reason to be such a pessimist unless you are a short?
Yahoo is in the business of selling commercials, like our commercial TV channels, It has no other social agenda. Consequently, it wants to attract only those through who it can sell more commercials. Company executives are looking for higher quarterly profit so that they can fetch in more bonus for themselves and that also gets them better paying jobs elsewhere where not long-term plan but quarterly profit history is a measure stick. . It is thus just a part of the vicious cycle that our society follows. If we continue on this road, pretty soon countries like China are going to outpace us. Deeply instituted greed always knocks on your death nail.
Trying to tell you you already know for months and years!! Once a source like SA publishes something positive about a stock, these insects looking for their daily living move enmass to that stock . And while waiting to make a few bucks, invade a platform like this yahoo board and try to show off their with their half-baked knowledge with an air of fake punditry. This board, and for that matter, all Yahoo boards are infested by these insects so much so that Yahoo boards have ceased to be a welcome platform for knowledgeable discussions/exchanges and a reliable source for leads to authentic information. It is just worthless to even visit these boards, except for entertaining, especially watching how the insects dance!!
My God!!! This Karly guy is so purple with inflated fat belly that his brain cells in his intellect area died for ever and making him crawl like a snake with no spinal action because it is also rotting badly with the smelly fumes coming off his backside and the hole clogged. No chance of recovering because he is on the edge so close that the demon God is waiting to catch him Poor fellow!!! He knows nothing yet is dreaming of heaven!!!
Did you and your" brothers" giving you thumbups short this stock so heavily that you all are afraid the bell ringing may bring a hefty SP rise through your enemy institutionals jumping in? Oh God, you and your brothers are finished!! But, don't worry, your brothers will cheer you up on this vermin-infested board. At least that should give you some pleasant moments!!!!
When the company offered to sell shares at $5.50, well below the trading range before the offer, they want it even below that price!! So, these insects are trying to bid the price down, not knowing that they are being set up for the shock of their life time. Well, as the saying goes, "one who goes up, must come down"!! And, I am sure, a lot of vermin residing on this board will mark their thumbdown on this post!!!!!
You did Nobel winning research!! Now, go and sleep well on it and you will have pleasant dream and a bonus!! By the way, don't go to bed before telling your girl friend that you have a Nobel-winning research!!!!!!!
hschlauch, excellent posts, and very appropriate. Your posts are an exception to this otherwise worthless-posts board. I am sorry I missed until just now when I opened for curiosity. There is nothing in these posts I will disagree to. Many many thanks for an appropriate assessment for this company and its future. I will suggest serious investors visiting this board to take these posts seriously.
And, let me add: Geron board brought a shark lover, sports-car zoomer who sold the stem-cell assets dirt-cheap, screwed up the ET/PV trials and stupidly declared those to have failed (!) . That board and gave Huh and the shark-lover miilions in compensation despite them bringing the FDA's coomplete hold and when the SP is still hovering at or below $4!! If Tefferi and Mayo did not do what they did, do you think those bozos could have brought hope to investors? None of these bozos developed IMET and those who developed it were fired by these bozos. And, now they are marvelling and filling their own pockets on the success of those developers!! What an ethics!!! At least the Ocata board and Wotton are not that kind!!!