Wednesday, March 7, 2012

Geron's earnings out

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,

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