Seeking Alpha

stocknerd's  Instablog

I've been following the American stock market since 1960. I'm 61, do the math. When other boys kept score cards for baseball players I kept stock quotes. In the days of fractions. The stock market is changing and what one needs now to make money is information and understanding of human nature.... More
  • stem cells asleep 0 comments
    Oct 21, 2009 12:57 PM | about stocks: STEM, ASTM, GERN
    I've been following STEM since 2003. One look at STEM's chart since March lows and it is almost a flat line. The stock has done nutt'in honey. This stock, as all the other stem cell companies like ASTM GERN and KOOL (there are others) all trade on news and there has not been any great news. One would think since the Bush Dark Ages of NO STEM CELL research, and the light of the Obama administration, the PPS would rise. No such luck. What the problem is the investors and traders don't see any money rolling into stem cell medicine anytime soon----and they are right. Long term, stem cell companies are a buy. Long term? Can you say 3 to 5 years. If you have that long a timeline, go for it. Of course as soon as these companies look like they can make money they will be bought. 
    Themes: Bio tech micro Stocks: STEM, ASTM, GERN
Back To stocknerd's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers
Posts by Ticker
ASTM, GERN, STEM
Posts by Themes
Bio tech micro , Irish banks
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.