Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Peter H. Hodge who wrote (5723)	3/30/1998 2:06:00 PM
From: vegetarian	Respond to of 18691

>>GERN announces convertible preferred. Anyone have an opinion as to the effect this may have on the stock price? Geron Raises Equity in $15 Million Private Placement and $4 Million Investment from Pharmacia & Upjohn<< 12:47 [GERN] GERON GAINS 15/16, GETS $4M INVESTMENT FROM PHARMACIA & UPJOH<< Looks like the investors decided to focus on the positive and turn the stock up more than a dollar today. In any case, the release says the preferred can't be converted until it sees 15 in the next 9 months, so it is being run to 15 in a hurry. I would short it after it reaches oer 15 and the trend seems to have technically reversed.