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Biotech / Medical : Geron Corp.
GERN 1.330-4.0%Jan 28 3:59 PM EST

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To: Steve Smith who wrote (400)8/19/1997 10:21:00 AM
From: Curtis Frazier   of 3578
 
<<GERN is going back to 6. Where is ChiX now?

See what I mean by the "pump and dump" games by these daytraders.>>

Chi-X is long gone. Just like me and everyone else should be. It's not a daytrader game. It's the way the market works. When there are buyers, stocks go up. When there are sellers stocks go down. Once everybody gets in a stock and gets to talking about it very well, it's time to sell. William O'neal editor of the Investors Business Daily says, "When the CEO of the stock you own appears on the cover to Time Magazine, it's time to sell." Because everyone knows about it then. You simply run out of buyers. Another stock ACMI is experiencing the same thing today. Closed at $2 9/16 yesterday, opened at over $4 today and is now in the process of getting dumped.
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