Geron Corp. Message Board

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Biotech / Medical : Geron Corp.

GERN 1.385

+6.9%

3:59 PM EST

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To: TorturaSunshinl who wrote (1292)	11/7/1998 2:34:00 PM
From: gizelle otero	Read Replies (1) of 3576

I think your post is one of the few helpful ones I've seen on GERN in the past few days. Thanks. Here are the facts as I see them: 1. Geron Corp has indeed had a breakthrough. 2. The stock (GERN) is not the same as the company. The company may do fine by getting nearer to break even in the future, while the stock may fall on it's face. 3. Everyone who trades stocks traded this stock on Friday. 4. The hype will be less over the weekend than it was Friday. People have had time to digest the news and realize this is a long term profit situation for Geron. Therefore, I predict: 1. The stock is overvalued and overbought right now. It was hyped beyond reason on Friday AM and the thrill wore off some by the PM. 2. The stock will open higher Monday AM, but will not get nearly as high as on Friday. I guess 19-20 at the top in the morning. There are a few suckers who will place open orders this weekend. 3. Lots of people are upside down if they bought Friday. They will try to sell at break even. Bottom line -- a slow but steady decline from here on out. GERN is literally "Yesterday's News". Short it if you have the balls. Do not buy it unless you need a tax loss. My 2 cents.

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