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


To: Peter H. Hodge who wrote (933)2/6/1998 4:36:00 PM
From: Pierre Borczuk  Read Replies (1) | Respond to of 3580
 
That GERN move was so fast that it took out alot of buy orders from the shorts out there...

a. the daytrader shorts have been out for a while
b. the impatient shorts were taken out when GERN sat in the high 12's
c. the more patient shorts got out at 12
d. todays move took out the shorts who had stop loss orders

Who is left...long term shorts and long term longs

The trend will be down...

However the danger of news is always there...

earnings (or lack of) are out soon, (? next week?)

Pierre