Replies to post #6224 on Geron Corp (GERN)

[big bambino]

Healthy: very well and concise description of the events. I personally agree with everything you've stated, because of what I have seen and read. I also think a CD could bring us to double digits, but not sure JNJ will wait for results of test before offering a BO. I could very well be wrong, but that's JMPO.

[Dickmo]

Well stated, Healthywelth. I can only add this - put yourself in the presenter's position. They are fully aware of what is going on relative to Geron. Before doing this presentation, I am quite certain that JNJ's legal department had a nice talk with them. They explained the situation and told them very specifically what they could and could not say concerning Geron.

My guess is they told them to say as little as possible. Even 'no comment' can have a meaning depending upon how the question was asked. They couldn't take Geron off their slides as that would also send a message. So they did the best they could within the guidelines established by legal.

Bottom line, as I guessed a few weeks ago, this presentation left investors with as many, if not more, questions about Geron. Geron was only a hot topic due to timing. JNJ was not about to move this presentation for this one issue. A company the size of JNJ cannot plan these presentations around every project with a coming decision. They'll never find a time that works for every potential deal. The JNJ people did the best they could and if people interpret this as bad news, well that's their problem. I believe we are destined for some good news and I am still long on $10 by 10/10. Nothing that happened today changed that. I completely agree with Healthywelth.