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Tuesday, 09/04/2018 3:32:50 PM

Tuesday, September 04, 2018 3:32:50 PM

Post# of 7763
Nice story : The year 1991. I wanted to buy DELL. I tried to convince a coworker to take a loan out of our SIP for about $10,000 and invest in DELL as I thought everyone would eventually own a PC or 2. He told me it was too risky and that Mike Dell was constantly selling $100,000 worth of stock on a regular basis. I reluctantly agreed and never pulled the trigger. That cost me over $5 MILLION by 2001. Lesson: insiders selling is meaningless. Look at NVCR. GERN's GC selling his options is meaningless.
Fast forwarded to 2017. I bought SRPT for 11 prior to the ADCOM. I listened to the presentation. The doctors and the parents. The final vote went against SRPT. I panic sold at 9 and watched the stock tank to about 6.5 and then start to rise again. I panic bought at 9.5. Later it was posted that one of the people in charge at the FDA (Kathleen?) was seen at a nearby hotel taking smiling pictures with some of the inflicted boys. Why would she do that AFTER such a bad vote. I told my wife that this was a "tell". The FDA was going to approve the drug. When SRPT reach 24 I lost my conviction and sold. How was the FDA going to vote? They approved the drug and SRPT is now north of 120.
It's all about reading the tea leaves. The JNJ job posting is THE TELL. There was another LinkedIn posting where the individual said he was working on the LAUNCH of Imetelstat.
I've been in GERN since the embryonic stem cell days. I've suffered very long. No More. JNJ will continue. PERIOD. CD or BO? It doesn't matter. GERN will go UP from here. SA board
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