Saturday, February 18, 2012

Geron slowly moving up, earnings next week

Geron closed at $2.15 on 1,720,300 shares. Three month avg is 1,347,060 shares, ten day avg. 1,108,499 shares, and 5 day avg 1,264,540 shares. The share price 10 days ago was $1.99. e are slowly moving up.  Earnings will be around -18 cents shares.  It will be interesting to see if there income increases. Again this year will make or break Geron. The four Phase 2 trials will have results at the end of 2012. If good, Geron will double in price maybe more, a partner will be found if results are good to pay for Phase 3 trials. On any price spike will sell a few covered calls.

ACTC had three good stories but closed at .1120 on weak volume. Market wants verifiable results, then we move much higher. Still looking o buy more around .1050.

Good luck in this rigged casino,

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