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LOL now I am getting advice on when to take my profits. This is rich.
Be careful, last time you had to come back and eat crow.
They will be in shortly terry. They are just looking through the play book and changing the record.
Chances are they would already be in talks and the partner would have current to date info. on how agenda is going. I would keep my ear to the pavement on additional info in the next couple weeks (This is my opinion and am not spreading rumors)
This is hopeful thinking, but I would not be here if I did not think the same.
I think I will wait for the presentation.
Already in at the 003's :)
I believe this is some of the preliminaries being put out as a taster :)
Gary,
Hey man this story is from Dec. 9, 1999. Not down playing the drug I know it works just like alot of other people. Just a little long in the hair on that story though.
So if 6 billion is authorized why do a reverse split?
Did you do the math on the previous notes not converted yet?
Looks like we will have to wait and see. Maybe found some support?
Bingo..
Hey throw the record away it is skipping, get an IPOD.
Mel is a very intelligent guy. I was watching SIRI and things worked out good for most. Most companies realize that a R/S is not in their best interest as it turns off most future investors.
I would agree. If they work out a deal then there would be no need to do a R/S.
Gary I think you may have been smoking something when you read the filing. You should read it again.
Frank,
It was organized to represent Genta interests in Europe and for the EMEA approval.
Holder,
As far as not getting approved till the end of the trial that is probably a good conclusion. I would not rule it out, crazier things have happened and they can change their minds. However this is reaching.
The only very positive new would in my opinion be a partner. This would permit them to pay off the financing and finish the trial. I think this is possible.
What I love in this forum is the people who claim to know everything about PIPE financing won't tell you is?
That this is what BIOTECH companies do. Why? Traditional lending vehicles find these companies too risky. This does not mean they are bad investments, it just means that traditional lenders are more conservative. And PIPE is not limited to just BIOTECH.
Do the math and then tell me they are done. Approx. just less that one billion in debt, 1 drug in a pipeline for multiple indications (you figure out the $ value), new FDA management and the drugs toxicity to therapeutic levels are very safe. Safer than most drugs in a EMT-P's box. The last being backed up by additional trials.
Personally I am in because I do not think this is much of a gamble.
And yes there is a risk of everyone losing butt loads of money just like any investment. And yes everyone could make butt loads of money. Just putting out the facts about PIPE financing.
You must have posted the wrong link. Unless I am missing something this has what to do with GNTA?
Only one problem with that. Nothing has been filed with the SEC.
That is the dumbest thing I have heard. For a sale to go through there is a buyer and a seller regardless if it is an increase in the O/S
Point taken thanks Kid. Even if they are shorting who is buying blocks of 9 mil 5 mil etc. Makes me wonder. Would like it to be some good news.
Sorry my bad I had not glanced at it lately. Your right my bad THX.
Still showing oversold for the day. Limit orders at .0075 also.
This is strange that is over 100,000 dollars in buys in like 5 minutes. Well over 100,000 dollars in buys.
Well someone is positive on the stock for sure.
Seeing another 9 mil coming through.
Yeah. I think you are right. Hopefully it holds for us. Large buys coming in possible speculation coming in from some of the financials falling off today. And other free money coming in on speculation. Just my guess. Wondering where the shares are coming from though or if someone is just churning.
I don't know but a 9 mil block is 67500 dollars at .0075 Kind of puzzling for a stock that is going down. But big time players also speculate and 67500 is a drop in the bucket for them.
Massive buying at .0075 Some 1 mil to 9 mil blocks ????
What are you talking about? More proof for people to do their own DD.
That is purely my speculation. The 6 million first financing makes no sense from the standpoint of running this company. Look at the burn rate. It is my opinion that more financing will be coming from somewhere else.
It would not surprise me either. I have done my comparison calculation with other drugs on the market and factored in the total liabilities of the company. And even with a R/S I am looking at substantial gains with patience on approval. Besides I am playing with freebie money, probably like most longs here. I am expecting news before an R/S I know some are not, everyone can have their own opinion.
I do not listen to people that are experts at investing but cannot do simple percentage math. Thanks for your advice though I am sure someone can use it.
Actually it is 7%. Divide 68 by 946. This is another example why to do your own DD.
I am asking where the numbers are coming from for your upcoming months estimation.
You may get that today :)
Based on what? Were are the numbers to support that estimate?
No, because everyone that is negative on the stock is correct. Everyone else is wrong. That has been the drum beat since this fall started. However nobody here knows anything about anyone in here or what is going on with this stock.
I think we will continue to see selling till news hits. I planned for this and have capital sitting on the sidelines for plays into the financial stocks etc. In my belief if we are no longer seeing dilution people are taking the risk of small loss (hopefully not missing a move) here to try to run with the financials. jmho