SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Geron Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (745)1/15/1998 6:08:00 PM
From: Lucky  Read Replies (1) | Respond to of 3578
 
Float is 5.5 million shares.Probably have a short interest of 2 million now.Stock ran to 11 3/8 last week and then fell back to 10 before news.Stock was trading closer to 9 than 8 last few months.
Ask yourself this question.
Who is going to sell 2 million shares below 12?
Most of the stock in weak hands was shaken out the last 2 days.

Remember shorts cannot push stock down they can only stop it from going up.Everyone will be fighting to buy those shares if any that are available below 12.Nervous shorts will cover tomorrow in anticipation of 20/20 program and any potential articles published on the weekend eg.Barrons.
Lucky.