Geron 4th quarter lost of 25 cents a share, compared to a 59 cents lose for the comparable 2010 period. The est. was for a 20 cents lose. The call was over all good, all the trials are moving forward. With results on 4 at the end of this yard. The down side is there will be no money for Phase III trials. Geron would have to partner and or raise more money [sell more stock]. So if the results are only fair Geron will be done, the share price would be pennies. With good results and a partner $10 a share.
Geron closed at $1.83 on only 872,294 shares, three month avg volume was 1.2 million. After hours the share price closed at $1.87.
Good luck is this rigged casino,
I stopped buying stocks in 2014. Started trading options in June of 2014. Mostly IBB options. I'm using this blog for a record of my trades, good and bad, so I can look back and see if I can improve my trading. If you would like to trade along, don't, I some time hold options only for mins. A week or more I feel is a bad trade. Always remember it's a rigged casino
Wednesday, March 7, 2012
Tuesday, March 6, 2012
Geron earnings call webcast Wed 4:30PM
Geron down 9 cents to close at $1.79, volume 1.1 million shares, three month avg volume was 1.3 million shares. Chip please say some thing new and positive.
ACTC was down just a little to close at 0.1019 on 9.4 million shares, three month avg. volume 18 million shares. Still think ACTC is holding up good after the reverse split news.
Good luck in this rigged casino,
ACTC was down just a little to close at 0.1019 on 9.4 million shares, three month avg. volume 18 million shares. Still think ACTC is holding up good after the reverse split news.
Good luck in this rigged casino,
Geron down ACTC up stem cell
Added a few more shares of Georn at $1.83. Webcast on earnings March 7th. I hope Chip has good news, without any down we go.
ACTC is up 2% at .1041. Again it's a good sign after reporting a possible reverse split.
Good luck in this rigged casino,
ACTC is up 2% at .1041. Again it's a good sign after reporting a possible reverse split.
Good luck in this rigged casino,
Monday, March 5, 2012
Geron under $2, ACTC up
Added a few more share of Geron at $1.925. Earnings call on March 7th will be webcast.
ACTC up after the reverse split news. Which is a good sign of investor support. Will add a few more shares under 10 cent.
Good luck in this rigged casino,
ACTC up after the reverse split news. Which is a good sign of investor support. Will add a few more shares under 10 cent.
Good luck in this rigged casino,
Friday, March 2, 2012
ACTC stem cells cure blindness
ACTC CEO stated the new patients are doing the same has the 1st two. I think that is why the stock came back from 9 cent and closed at .1015 on 65.7 million shares, the three month avg is 16.9 millions shares. I should have held the shares I brought at .092 longer, but still made a little money.
O.K back to the reverse split, that usually means the company is dying with no products, research or development on the horizon. They reverse split to maintain the appearance of a healthy price per share. If you think ACTC has nothing coming in the future, then do not invest. I feel the Phase 1/2 trials will be successful. It will be a ruff ride, not for scared cats. Always remember you can lose all your money in this company.
Geron closed at $1.94 on 1,235,184 shares the high for the week was $2.15 on Feb 28th the low $1.93 on March 2nd. Wednesday, March 7th at 4:30PM, Geron will host a conference call for analysts and investors. It will be webcast.
O.K back to the reverse split, that usually means the company is dying with no products, research or development on the horizon. They reverse split to maintain the appearance of a healthy price per share. If you think ACTC has nothing coming in the future, then do not invest. I feel the Phase 1/2 trials will be successful. It will be a ruff ride, not for scared cats. Always remember you can lose all your money in this company.
Geron closed at $1.94 on 1,235,184 shares the high for the week was $2.15 on Feb 28th the low $1.93 on March 2nd. Wednesday, March 7th at 4:30PM, Geron will host a conference call for analysts and investors. It will be webcast.
ACTC Stem Cells bounces back
ACTC came back from 9 cents and now is .1040 on 57+ million shares. Should of held my shares a little longer today still made a little money.
Geron under $2 added 1000 more shares for a trade.
Good luck is this rigged casino,
Geron under $2 added 1000 more shares for a trade.
Good luck is this rigged casino,
ACTC file for reverse split . Stem Cells to cure blindness
Listened to ACTC earnings call, stated to file a preliminary proxy statement with the SEC for a share holder approval for a reverse split of between 1 for 20 and 1 for 80 shares. They are doing this so they can be listed on the Nasdaq. The market didn't like that news and the stock was down 20% to .09 I added more shares at .092 and sold at .096, should of waited but still make money. Generally a reverse split is bad news. What happens after the split the share price goes down most of the time. Will this happen with ACTC I don't know. If the trials continue to show a cure is possible then the share price will be $10 after the split. Will buy more shares for a trade. Keeping my core holdings at 20,000 shares which would be 250 share after an 1 for 80 share reverse split. This company is a big gamble, don't buy if you can't afford to lose it all.
Good luck in this rigged casino,
Good luck in this rigged casino,
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