Thursday, September 13, 2012

Dead cat bounce for Geron?

Maybe!  I sold 20  $2 Mar 2013 covered calls for 20 cents will lose $2 thousand if there are called home in Mar 2013. Geron up to $1.40 on good volume. Again there's a small chance the last two Imeteltat trials may have good results just because it's betting on the side effects of the drug not the effect of the drug. The GRN1005 will make or break this company. Again I will keep 3-5 thousand shares until the results are known. I have sold 50 covered calls [that's 5 thousands shares] leaving me about 8 thousand shares not covered.

Good luck in this rigged casino,

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