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


To: CHIP HUNTER who wrote (1647)11/10/1998 9:43:00 PM
From: Land Shark  Read Replies (1) | Respond to of 3576
 
Good analysis, really! Makes me wanna cover right away.



To: CHIP HUNTER who wrote (1647)11/10/1998 10:00:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 3576
 
What that means,,,baby boy is that the trading is over and since there was no short to begin with...you have less covering and less interest( less volume) The shorts are probably 85-90 % done...The big guys take their 10 point and run..As volume drops and drops the stock will fall farther ...quicker on less volume...however buyers will be met by those who are looking for any improvemnt in price since we know...they will probably have to wait another1 to 3 years before we ever see 20 again.....Ask yourself if I had 120,000 bucks would I go and buy 10,000 shares of this companyt when I could be buying real value, earnings growth and potential within 6 months to a year, somewhere else...If the answer is, No...Well, those who own the stock are in essence buying it every morning and selling it at the close then waking up the next morning and re-buying....

What Im saying is that more and more people are getting up and saying I do not want to own this stock...at this moment...maybe later but not now....That is why the stock will continue to trade down lower and lower..It just does not make any sense at all to own it period...Not one good reason...So ask yourself tomorrow, is this a good stock to buy, at double last weeks price , yet nothing to show for it, and no hopes of anything for years.

After the news is out...

Hasn't any one ever heard you "Sell on News" YOU DO NOT HEAR , "Buy after the news and hope for more...."

Geez man...whats it gonna take before it sinks in...