Geron Fans Make Mountain Out of GE Molehill
Geron(GERN Quote) shares rose sharply Tuesday after the company announced a pact with the health care unit of General Electric(GE Quote) to develop embryonic stem-cell test products.
As with most announcements that come out of Geron, investors overreacted Tuesday, sending shares up 18.4% to $7.92. This makes shorting the stock a tempting option. The agreement with GE Healthcare is relatively minor and isn't likely to have much of a financial benefit for Geron.
More: http://www.thestreet.com/story/10531440/1/...e-molehill.html
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Geron Fans Make Mountain Out Of Ge Molehill
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