I know stocks often move in strange ways but...........can
someone explain the movement in GERN these past two days?
Dropped way down yesterday to tag its 200 sma ($2.70) on above
average volume, then rebounded some by the close. Today it
rockets to $3.40 (+$0.60) on no apparent news and even stronger
volume.
In at $2.23 about 5 months ago, sold half at $3.80, sticking
with the rest for a monster move (if it happens). Not
complaining, just fascinated by the ebb and flow sometimes.
GERN
Posted by RichieD on 5th of Mar 2015 at 01:43 pm
I know stocks often move in strange ways but...........can someone explain the movement in GERN these past two days? Dropped way down yesterday to tag its 200 sma ($2.70) on above average volume, then rebounded some by the close. Today it rockets to $3.40 (+$0.60) on no apparent news and even stronger volume.
In at $2.23 about 5 months ago, sold half at $3.80, sticking with the rest for a monster move (if it happens). Not complaining, just fascinated by the ebb and flow sometimes.
GERN's pop
Posted by hamvestor on 5th of Mar 2015 at 01:56 pm
http://seekingalpha.com/news/2349296-geron-gets-boost-from-abbvie-pharmacyclics-deal