See my earlier post about censorship of financial news...Intentional!
After watching what has been happening on some of the reporting, I now know that there is no way to know what the truth is without relying on your own software. The average Joe did not even know anything happened with either ASTM or SPGLA. I never expected Kernan to mention ASTM, because it is a small company (although with huge discoveries), but SPGLA is a company with BILLIONS in sales and about 100 million in float. For both CNBC and dbc to act like nothing ever happened is basically criminal and false reporting. What good is reporting news if you "cook the books" and publish winners and loosers based on your personal preferences, political correctness, advertising revenue, or whatever??
At least GERN is starting to move back up, and should do well next week after the subscribers to Nature read the news that the US Govt. will probably remove the ban on public funding of stem cell research, at least as performed by GERN, and ASTM, for that matter, although I don't think ASTM was ever effected by the ban, but I don't know for sure.
I'm holding ASTM for the next pop, at this point, which will be soon I suspect. It's not going much lower, at this point, and selling would only lock in my losses and make my gains less on the next pop. Note, also, that if you look back over the last few months, every time GERN and similar stocks pop, so does ASTM, and I am expecting a bit of a pop next week when the news from Washington reported in today's issue of Nature gets out. Also, you're not likely to hear the leaks about articles in Science and Nature again like you did the last time (when TM found out about the GERN story and reported it here.) It was widely covered in the next issue of Science that they had sent out embargoed copies of some of their stories, and someone in Paris leaked it. They are taking steps to be sure that does not happen again. Thus, the way to get the news the fastest, now, is to do like I do and subscribe to those publications and pay the extra for the web addition.
Ed
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