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researcher59

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Re: wadegarret post# 109159

Tuesday, 12/05/2023 10:15:51 AM

Tuesday, December 05, 2023 10:15:51 AM

Post# of 117178
Wade: are you referring to GERN or CVS ? GERN is now $1.88 down nearly 50% from mid June .... CVS is up around 7% from the June lows and pays a decent dividend.

CVS is a value play at this price and seems to have bottomed, but I see the upside as limited, perhaps $80 is fair value. At least one gets a dividend.

GERN was a very poor choice in the biotech sector. GERN will be lucky to get to breakeven in 2025. It's a money losing dilution machine and no wonder that it's performing so poorly.
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