Geron Corp. Message Board

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Biotech / Medical : Geron Corp.

GERN 1.320

0.0%

Jan 2 9:30 AM EST

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To: Bottom_Dweller who wrote (475)	8/20/1997 12:39:00 PM
From: Louis Riley	of 3577

Nice trade. Think I'll wait for $11 to crumble, though. You guys should wait. The only reason it's a little firm here is that some bozo keeps throwing up an $11 1/4 bid for 10,000 shares on Instinet to keep up the illusion of buying interest. Then he cancels his bid after a few minutes once it upticks. It is nothing more than "juice". Only 20 people are watching on Instinet now (vs. over 100 2 days ago) and you know at least 6 of those are the Nasdaq axes (SALB, MONT, JPMS) and the other in line bids and offers (TSCO,JBOC, ISLD {Datek}). Unless one of the anaylysts covering the firm pipes up (a little late now), single digits do indeed look probable very soon.

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