Tuesday, February 14, 2012

Chip spoke

Things are slowly moving along for Geron. Chip stated they are in talks with people to sell the stem cell business. Geron has $150 million in cash and will burn $65 million this year. Geron will have results from 4 Phase 2 trials by the end of 2012 and 2 more Phase 2 trials by the 2nd Q of 2013. If the Phase 2 results are good Geron will get a parnter and stay in business. If not down we go. I feel Geron will have good results and will get a partner. I have a 10,000+ share bet on it.
Alway remember you can lose all your money in any company.

Good luck in this rigged casino,

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