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Re: Paul A post# 341624

Wednesday, 01/05/2005 3:18:01 PM

Wednesday, January 05, 2005 3:18:01 PM

Post# of 704019
GERN/Stem cell plays. >> its really do or die time for GERN here... <<

I don't understand that comment at all.

Downside is maybe $5-6 again worst case and upside of 15-25+ once it clears 10 again? Good risk/reward ratio by my book. Pull up a 2 year chart of GERN and you can see that it's just recently broke a major downtrend channel. As of today you now have the 50/200 dma crossing. In the past the sector has moved pretty much as a group. Any PR will be good for all the stem cell plays. I don't mind STEM moving higher as I think as people do more research they'll find their way back into GERN. They have plenty of cash and there are numerous potential catalysts that could take it higher during the course of the year. Given how it's traded in the past you need to estabish a position ahead of these moves because it can move real fast. STEM up almost 50% in one day yesterday is a perfect example.

8.5 is a key point. Once we close above that area I suspect we'll get more momentum players moving in sending it much higher. I would have expected it to behave better given it's peers, but there are a few potential reasons for that 1) Name recognition, 2) Ability to short or buy options more readily on GERN 3) GERN tends to be played by those who focus more on FA vs it's peers seem to be played more by the ST crowd. I think GERN is still being accumulated prior to the next move up.

We'll see.

Disclosure, very long GERN.











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