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Biotech / Medical : Geron Corp.

GERN 1.640

+0.9%

3:01 PM EST

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To: Jim Wang who wrote (711)	1/15/1998 12:04:00 PM
From: Lucky	Read Replies (2) of 3578

Lu Classic example here of too many shorts.Must be at least 2mil short interest in a float of 5mil now.Average short price of 14 1/2.Everyone anxious to cover at 12 but telling everyone else to wait for 10.Too much demand at 12 now.Now every short is looking at each other wondering who is going to cover first. Tomorrow should be an up day as many GERN shorts cover due to weekend news and impatience.I doubt that this stock will fall to 11 in the next 4 weeks.Today will be the bottom for a while,maybe even a few weeks. Good Luck. Lucky.

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