Replies to post #5899 on 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?

[big bambino]

Healthy, Very good observation and so true. Compound that with AF's tweet & we should've fell like a rock in water. Not to mention the 40M trades. Pretty shabby coverup, lol.

[Dickmo]

JNJ can't remove the post. It's common knowledge that it was posted, and there are probably 30 copies of the ad ready for immediate reposting if JNJ were to take it down. So why bother? Besides, if they take it down, then they have to explain why they took it down. Now they have to explain an explanation. The JNJ story goes from barely plausible to just ridiculous.

They have no choice. They have to live with the ad as it was posted and hope their Bloomberg explanation flies. This is the optimal strategy when a mistake like this is made. We should expect that a company like JNJ would know that and act as they did.

[ulikefakenews]

Good way of looking at it, if it was going to be abandoned or it really had nothing to do with work on Imetelstat I cant see why they 1. would include it in the first place 2. wouldn't pull the listening entirely and compounded with the "this means nothing statement" might actually mean nothing lol

But leaving it up in-tact to me tells a different message