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GERN - Geron Corp


Josh4580

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Started buying this stock at $2.50 with an average price around $3.  Up around 35% today to $3.78. 

 

Barrons article today basically sums up my whole thesis so here is the link: http://online.barrons.com/news/articles/SB51367578116875004693704580500021807004844?mod=yahoobarrons&ru=yahoo

 

Geron Announces Global Strategic Collaboration with Janssen to Develop and Commercialize Imetelstat

http://ir.geron.com/phoenix.zhtml?c=67323&p=irol-newsArticle&ID=1989673

 

Standard of care right now for MF is Jakafi which only addresses the side-effects and doesn't put the cancer into remission.  Imetelstat actually puts the disease into remission. 

 

Jakafi is owned by Incyte, which has a market cap of $15.80 billion, mainly from this drug.  Geron's market cap is $594 million.

 

Thoughts?

 

 

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