Geron Corp (GERN)

[luisWinthorpIII]

Who here has verified that Bloomberg actually reported that information regarding the job posting had nothing to do with the licensing deal with Geron?
https://www.google.com/amp/s/investorplace.com/2018/08/geron-corporation-gern/amp/

If you read what it says in the above link there is no reference to any evidence that would corroborate the statement. However the job posting is still up last I checked and comes directly from the JNJ website. Additionally, the job posting (which we know is real) completely contradicts the statement made in the link above. If the job posting is requesting the services of someone to determine the price point of Imetelstat in Europe, what else could that posting be referring to? The answer is nothing else until some other evidence validates the Bloomberg report.

Secondly I think the job posting may have had an impact in today’s run. But what about the so called 60 million shares sold short? Longs can have knee jerk reactions when the price starts dropping dramatically causing them to cut their losses- a chain reaction starts that process and the price tumbles as long investor after long investor starts selling. The exact opposite happens for short sellers. I think today’s story has more to do with short sellers buying back their shares in the same chain reaction manner and less to do with the job posting, but I could see the job posting potentially being a catalyst for that chain reaction to occur. I think next week we will continue to squeeze the juice out of these short sellers as they try to cover.

Perhaps someone with some real stock broker experience or just simply someone who knows where to get the information can verify the amount of shares bought back from short sellers yesterday?