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Biotech / Medical : Geron Corp.
GERN 1.345+2.7%Jan 14 3:59 PM EST

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To: Bottom_Dweller who wrote (372)8/18/1997 4:30:00 PM
From: songw   of 3578
 
A word of caution for the shorts among you; I sold my GERN this AM so i am out and have no ax to grind either way. -no doubt many of you seeing the price stabilize near 16 think that the momentum is finished for nowand that the price will ebb lower each day. You may be correct which is why i am out.
Here's the caveat-several traders report that their brokers are out of shares to short- this suggests a huge short position against GERN.
Market makers actively look for this kind of explosive situation to start a squeeze- ultimately there is no support for GERN here but i would be very surprised if the mms don't try to run it at least once.
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