No great news from Geron, but there was alot of good news stories on stem cells. I believe in the science more each day. Can Geron come up with a FDA approved blockbuster before they run out of money. It will be very very close. GRN1005 is there best shot. If the data from the previously completed Phase 1 trail in metastatic brain cancer are confirmed and depending upon the strength of the data the product candidate may have an opportunity for early marketing approval. I will feel better about Geron's viability if and when they find a partner with deep pockets.
The high for the week was $2.43 on Nov. 8 and the low was $2.21 on Nov. 10. The volume is very low. Five day avg. volume is 922,200 shares, ten day avg. volume 1,069,566 shares and the three month avg 1,446,080 shares.
I didn't get any $3 calls my bid was to low.
Good luck in this rigged casino,
I stopped buying stocks in 2014. Started trading options in June of 2014. Mostly IBB options. I'm using this blog for a record of my trades, good and bad, so I can look back and see if I can improve my trading. If you would like to trade along, don't, I some time hold options only for mins. A week or more I feel is a bad trade. Always remember it's a rigged casino
Friday, November 11, 2011
Wednesday, November 9, 2011
Treating Parkinson's with stem cells
Major step in treating Parkinso's with stem cell transformation. Previous difficulties in transforming stem cells into neurons, which are killed off when Parkinson's disease strike. have now beed resolved. Testing on monkeys has shown the cells not only survived and function normally but begin to reverse the process of poor movement problems. Now the prospect of transplanting freshly grown dopamine producing cells into human patients to treat the disease has been significantly raised.
Stem cell therapy may still be some way off. However, this study has shown for the first time that it is possible to transplant nerve cells that work from human stem cells.
Above is part of a story from Digital Journal Nov 7, 2011 by Kev Hedges.
Looks like the market will be down big. Buy a few shares from your wish list. If Geron goes under $2.20 will buy a few $3.00 calls. Not sure what month.
Good luck in this rigged casino,
Stem cell therapy may still be some way off. However, this study has shown for the first time that it is possible to transplant nerve cells that work from human stem cells.
Above is part of a story from Digital Journal Nov 7, 2011 by Kev Hedges.
Looks like the market will be down big. Buy a few shares from your wish list. If Geron goes under $2.20 will buy a few $3.00 calls. Not sure what month.
Good luck in this rigged casino,
Sunday, November 6, 2011
Geron silent for?
Geron also my be silent because of something happening with the FDA and must be close to some conclusion, and are in a very sensitive time about any leaked infor.
GRN1005 Phase 1 final results Nov. 14th. If the data from the previously completed Phase 1 trail in metastatic brain cancer are confirmed and depending upon the strength of the data, the product candidate may have an opportunity for early marketing approval.
Something good is in the works. May buy some $3 calls.
Good luck in this rigged casino,
GRN1005 Phase 1 final results Nov. 14th. If the data from the previously completed Phase 1 trail in metastatic brain cancer are confirmed and depending upon the strength of the data, the product candidate may have an opportunity for early marketing approval.
Something good is in the works. May buy some $3 calls.
Good luck in this rigged casino,
Saturday, November 5, 2011
Geron week in Review
Geron's high for the week was $2.51 on Monday Oct. 31st. The low for the week was $2.21 on Tuesday Nov. 1st. The avg. volume has been going down only 1,189,440 shares for 5 day avg, 3 month is 1,601,150.
Hoping "Chip" the new CEO will work his magic. Thinking of putting a small bet on Chip's ability. May buy a few Jan 12 $3.00 calls. But after losing $600 the last time I bet on good news coming, I'm a little gun shy.
Good luck in this rigged casino,
Hoping "Chip" the new CEO will work his magic. Thinking of putting a small bet on Chip's ability. May buy a few Jan 12 $3.00 calls. But after losing $600 the last time I bet on good news coming, I'm a little gun shy.
Good luck in this rigged casino,
Friday, November 4, 2011
Patent case against Viacyte
After thinking about the conference call today, the strategic review at the end of this year should move the stock price higher. It was interesting that they keep on saying there would be no comments on forward movement. Why say this? Chip must be working on a deal or deals that will reduce the cash burn with big pharma and not want anyone to say anything to mess it up.
Good news I think in the patent case against on Viacyte. In the latest filing in the case the last paragraph. The parties have been negotiating a settlement. This could be big.
Good luck is this rigged casino,
Good news I think in the patent case against on Viacyte. In the latest filing in the case the last paragraph. The parties have been negotiating a settlement. This could be big.
Good luck is this rigged casino,
End of the Year will talk strategist moves
Listened to call today at 9AM. Nothing that will move share price. All Phase II trial are going well. Cash burn rate for this year will be $65 million. They have $185 million in cash. Strategist talk at the end of this year should be move share price, hopefully up.
Good luck in this rigged casino,
Good luck in this rigged casino,
Thursday, November 3, 2011
Geron beat by 2 cents
It's not as good as it sounds. Geron lost 16 cent a share in the 3Q, the estimate was for a 18 cents a share lost. The revenes fell 60% year/year to 0.22 min vs the 0.97 min consensus. I don't understand why this is going down. With the GE and Corning deal I would think revenes would be going up.
I hope "Chip" has some good news Friday at AM.
Good luck in this rigged casino,
I hope "Chip" has some good news Friday at AM.
Good luck in this rigged casino,
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