The Dawn of Stem Cell

After years of suffering, the stem cell companies finally see light at the end of the tunnel as President Obama may overturn the long term ban on embryonic stem cell research on Monday.  Because the news comes after the market is closed so you will have to see the after market price to see the effect.  

The following stocks see huge after hour surged after the announcement:

• StemCell Inc. (STEM): The stock closed at $1.38 but surged 66% to $2.3 in the after hour trade.  The highest the stock was traded for the last 52 weeks was $3.07.
• Geron Corporation (GERN): The stock surged 40% from closing price of $3.87 to $5.41.  The 52 week high for the stock is $8.5.
• Aastrom Bioscience (ASTM): This penny stock stem cell company jumped the most from 33 cents to 60 cents during after hour trading - a 82% jump.  It has been trading below $1 for more than a year though.

So still dare to invest in these stocks?  Maybe they'll jump even more after Monday.