Friday, December 16, 2011

Geron volume 5 million today

Volume was 5,494,100 today the avg ten day volume is 1,101,076 shares. Why the big increase on Friday. I checked the message board and no one knows. Alot of guesses.
The share price is worrying me. It could go below a dollar. Waiting for a parnter.  Good news from the four Phase II trials will raise the share price. If by the end of 2012 the results from the 4 Phase II trials are anything but outstanding, I will sell most of my shares. For now any move over $2, I will sell some shares and sell a few covered calls.

I put a lot of time and money into Geron, believing [and still do] in the stem cell program, now there is very little reason for me to hold a large position in this company. Will cut my position by at least half.

Good luck in this rigged casino,

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