Geron no follow through

No follow through from Thursday's  +3 million shares. Friday's close was $2.56 down 2 cent from Thursday's close. Volume was only 1,392,000. The five day avg was 1,476,060, ten days avg was 1,291,355, three month avg 1,664,870. The high was $2.60 on Friday the low was Wed. $2.20. Hoping for some good news from "Chip" the new CEO, Nov 4th Conference Call to discuss third quarter financial results and highlights. We are above the 50 day moving avg of $2.30, the 200 day moving avg is $3.54.

Good luck in this rigged casino,

No Follow Through Geron

No follow through today, price down, no increase in volume, no good news was leaked out. I still think "Chip" will throw us a bone Nov 4th. I will be listening.

Good luck in this rigged casino,

3 Million Shares Traded

Geron traded 3,037,729 shares today closed at $2.58 up 30 cent or 13%. This is very good, volume with price increase.  If we get follow through Friday say 3.5 million shares and a 20 cent price gain, then maybe we have good news coming that will drive the share price even higher. Remember this is why "Chip" was hired as CEO, too get the share price up and get some deals made. Again if we hit $3, I will sell a few covered called.

Good luck in this rigged casino,

Moving up with Market

Geron is moving up big  8.7% to $2.48. But no increase in volume, we've been through this before. If the volume is not over 2 million today I'm not going to get to excited. With "Chip" the new CEO running the the show now, we could get some good news at the Nov. 4th Conference. Increase in volume with a share price rise is the best sign that some thing good is around the corner. Any move to $3, I will sell a few covered calls.

Good luck in this rigged casino.

Geron the next big thing

For over ten years the leadership was all about the science. Now we have drugs that are products of that science. Geron hires "Chip" as CEO. The man who has a proven track record for making investors money. I see Geron becoming the next big thing. Bigger then AAPL, GOOG or any pharma company. It might take 20 more years but Geron could do it. Always remember you can lose all your money in any stock.

Good luck in this rigged casino,

Right now the fifth patient is being evaluated for GRNOPC1

Right now the fifth patient is being evaluated, for GRNOPC1 phase one trial using stem cells to treat patients with spinal cord injuries.

This is not the time to sell at $2.00. This company could be $25.00 overnight if one of the test patients shows movement. Or if big pharma takes a position $8.00 is possible.

I think a sustainable big jump will take place some time in late spring 2012, when some kind of deal is leaked out and confirmed later. I believe "Chip" is busy doing that job right now.

Good luck in this rigged casino,

Geron announces Conference Call for Third Quarter

Geron Announces Conference Call to Discuss Third Quarter Financial Results and Highlights. November 4, 2011 at 9AM Eastern Time. Dial 1-800-706-7748 the passcode is 53572623.