GERN

Mar 28, 2018

I hadn't published this March 27th, 2018 (Evening). Was having some difficulties with internet-provider.

This was my current evaluation of GERN.

This is of course, a personal analysis and not much in-depth because of current workload at work.

Anyways, as I had saw it dropping towards 200EMA and if it had dropped (which it did), would have been an easy 5-10% gain. I didn't expect the 22% drop which was a surprise.

• The overall trend is going to be a negative one, because it's completely losing momentum.
  
• The company has released documentation within the Needham Healthcare Conference (not sure If I'm allowed links but I'll supply one from SeekingAlpha [Reputable-Source] in case anyone would like to review (for themselves) seekingalpha.com/article/4159610-geron-gern-presents-needham-company-17th-annual-healthcare-conference-slideshow

RSI is hitting rock bottom so expect a 3-5% rebound towards the UPSIDE as they'd call "Dead-Cat-Bounce". Then continuation towards DOWNSIDE.

As where I think this is heading, a possibly $3.70 but if we're in for a treat a juicy $2.70 :) (1-2mo projection)

Just my thoughts, take with a grain of salt and always be tight on risk-management.

Mar 29, 2018

Note

As expected, a 5% rebound. We still have about 2-hours before market close.

Honestly, I did not expect todays (3/29/2018) consensus to be a very positive one [ earlier this morning we were near the borderline of 10%].

The beauty of the market is, it changes and if you don't change with it, you'll get killed.

So my short term, short was successful yesterday (3/28/2018) [instead of the 5%-10% gain, the highest possibility was 22% which was extraordinary].


Now I was LONG this stock earlier but then switched to a short. The overall talk on the streets of GERN is quite a positive BULLISH one. I'll have to reevaluate tonight and see where this is heading towards the longer-term.

Happy Trading :)