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Biotech / Medical : Geron Corp.
GERN 1.385+6.9%3:59 PM EST

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To: Gemini who wrote (1291)11/7/1998 1:49:00 PM
From: TorturaSunshinl  Read Replies (1) of 3576
 
If you are not a VERY Longterm holder of this stock you should be out or short,,,imo. After the excitement has passed in a few days, this stock will drift down, as it has done in the pass.(and how almost all bio-tech's have done). Will it be higher between now and the 8-10 years it will take to get this product off the ground.....probably...but it will be lower at some point too!

I bought puts on the open Friday and closed them friday afternoon, for a triple. If it pops again on Monday, i will short them again.Why? When you see 30 million shares traded against a 6 million float that is not institutions buying folks.....it's the momo guys...when they leave.....the air comes out.....it always does.

I don't know GERN and have no axe to grind.....if you are longterm...maybe the stock price doesn't matter.......but imo if you wait a week or two, you will be able to be longterm from lower!

Good Luck to All
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