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Biotech / Medical : Geron Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Ben Geh who wrote (723)1/15/1998 12:44:00 PM
From: Jim Wang  Respond to of 3578
 
Time value of money is very important to shorts. Psychologiclly, shorts are more impatiance, espcailly for playing stock under 20. cuz,they are more aware of potential <unlimited> upside. :p



To: Ben Geh who wrote (723)1/15/1998 12:46:00 PM
From: Lucky  Read Replies (3) | Respond to of 3578
 
Everyone forgets that GERN was a $10 stock before this news.Even if it is only a story GERN has to be better off now.Earnings are irrelevent in these stocks as investors buy on potential and dreams.
Most shorts are impatient and like to hit and run.Don't want to stay short too long in any one place as they might get hit by a UFO(unexpected fundamental occurrence).I doubt if any short wants to tie up funds much longer than a few days here.Covering has begun and GERN will close above 13 tomorrow.
Lucky.