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no worries...its the normal MM shake-out during amateur hour
believe me...the ones that got shook out feel stupid when it goes right back up, live and learn!
(GNTA.OB: News ) reported fourth quarter net income of $29.6 million or $0.02 per share, compared to a net loss of $1.7 million or $0.06 per share in the fourth quarter of 2007.
The company did not record any product sales for the quarter, while it reported $267 million in the year-ago quarter.
http://www.rttnews.com/ArticleView.aspx?Id=854698
can you imagine...it will take 7.9 days for the shorts to cover...thats a lot of trading....WEEEEEEEEEEEEEEEEEEEEE
tuesday keep your eyes on BKUNA...
Goldman Just added over a million shares on the 13th of Feb. 2009
http://www.mffais.com/bkuna.html
tuesday keep your eyes on BKUNA...
Goldman Just added over a million shares on the 13th of Feb. 2009
http://www.mffais.com/bkuna.html
tuesday keep your eyes on BKUNA...
Goldman Just added over a million shares on the 13th of Feb. 2009
http://www.mffais.com/bkuna.html
tuesday keep your eyes on BKUNA...
Goldman Just added over a million shares on the 13th of Feb. 2009
http://www.mffais.com/bkuna.html
yea...its a different kind of market compared to a year ago
Its showtime folks..The stimulus package has been approved....all aboard the FRE express....shorty is starting to cover...I look for 1.25 in the next 3-4 trading days
which of your penny stocks is giving dividends?
wouldnt wanna be a shorty with all the institutions buying lately...will take an average of 7.9 days for the shorts to cover,,,click here and see for yourself: http://www.shortsqueeze.com/?symbol=fre&submit=Short+Quote%99
click here to see the institutions that are buying FRE - http://www.mffais.com/fre.html - then click activity to see the latest dates of the buys of FRE - hold your shares tight...the show starts tommorow - good luck to all!
may be priced in already..you never know
GNTA is featured on several stock picking sites and This stock was affected by the down beeing down so much. my solution is just to stay long
good dd - its the product that counts anyway
GNTA HAS GOOD PRODUCT!
worth gettin up at 4:00am aint it!
aloha kitty! GNTA is taking off
BIG NEWS FOR FRE: Fannie, Freddie to channel mortgage rescue-sources
Sun Feb 8, 2009 1:43pm
Bank rescue plan could extend market gains
Stimulus and bank rescue hopes boost Wall Street
http://www.reuters.com/article/marketsNews/idINN0847311920090208?rpc=44
WASHINGTON, Feb 8 (Reuters) - The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae (FNM.P) and Freddie Mac (FRE.P) ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said.
Late last week, officials from the Treasury Department and Department of Housing and Urban Development worked with the companies' regulator to agree on standards for who could get relief and how they might coax other finance companies to follow their lead, said two industry sources familiar with the deliberations.
Those discussions were still going on over the weekend with Treasury officials trying to weigh the merits and costs of several possible approaches, said one source familiar with the talks.
Washington's two largest foreclosure-prevention initiatives of the last 12 months have fallen flat with only a handful of borrowers having been helped despite promises that hundreds of thousands would qualify.
Officials hope to clear the red tape and rigid terms that have doomed past mortgage-aid efforts without burdening taxpayers with many billions of dollars in funding costs.
"They want to get rid of all the high-cost mortgages out there and figure that there are 1.5 million people who could stay in their homes this year if their loans were modified," said one industry source who asked for anonymity. "But it's just really complicated and expensive to do these kind of workouts."
Since Fannie Mae and Freddie Mac were nationalized in September, the government-controlled companies have been retooled as agencies for delivering housing aid. Both put a moratorium on foreclosures late last year, and are pioneering programs to let borrowers rent their homes after default.
But while Fannie Mae and Freddie Mac have had some success with stopgap measures to keep people in their homes, the companies' effort to rewrite home loans announced in November has been a disappointment, industry sources said.
Fannie Mae and Freddie Mac own or insure 31 million mortgages -- about 58 percent of all U.S. single-family home loans -- but only a fraction of their borrowers qualify for a refinancing program that was meant to save several hundred thousand. A similar initiative run by the Department of Housing and Urban Development that promised to help 400,000 borrowers has only reached a few hundred.
Policy-makers agree they must relax the terms of any new foreclosure-prevention effort and are trying to identify which tardy borrowers could keep up payments under a new home loan, said two industry sources.
Fannie Mae and Freddie Mac will likely be the cornerstone of an administration mortgage-aid program that will tap between $50 billion and $100 billion from the government's $700 billion financial rescue fund.
The money would be used to underwrite failing loans and give mortgage companies a subsidy to follow the lead of the two government-controlled companies, industry sources said.
Officials are also discussing how fresh legislation from Congress could buttress their efforts by clearing some accounting and legal hurdles that obstruct loan modifications, the sources said.
Treasury Secretary Timothy Geithner could nod to the evolving plans on Tuesday when he lays out the administration's thinking on how to use the funds remaining in the $700 billion program, although details might take longer to work out. (Additional reporting by Karey Wutkowski; Editing by David Wiessler)
FRE going to pop tommorow! woooo haw!
The Mother Of All Short Sqeezes -
http://www.shortsqueeze.com/?symbol=fre&submit=Short+Quote%99
You wanna see the fireworks on FRE this monday!
53,396,900 shares are shorted!!
WOOO HOOO! lets get ready to rumble!
Freddie Mac $ 0.64
FRE 0.12
Short Interest (Shares Short) 53,396,900
Days To Cover (Short Interest Ratio) 4.3
Short Percent of Float 8.28 %
Short Interest - Prior 54,636,400
Short % Increase / Decrease -2.27 %
Short Squeeze Ranking™ -35
% From 52-Wk High ($ 34.22 ) -5246.88 %
% From 52-Wk Low ($ 0.25 ) 60.94 %
% From 200-Day MA ($ 2.15 ) -235.94 %
% From 50-Day MA ($ 0.67 ) -4.69 %
Price % Change (52-Week) -98.30 %
Shares Float 645,060,000
Total Shares Outstanding 647,158,633
% Owned by Insiders 0.04 %
% Owned by Institutions 42.60 %
Market Cap. $ 414,181,525
Trading Volume - Today 12,755,284
Trading Volume - Average 12,384,100
Trading Volume - Today vs. Average 103.00 %
Earnings Per Share -24.40
PE Ratio
Record Date 2009-JanB
Sector Financial
Industry Mortgage Investment
Exchange NY
Data Provided Without Warranty
The Mother Of All Short Sqeezes -
http://www.shortsqueeze.com/?symbol=fre&submit=Short+Quote%99
You wanna see the fireworks on FRE this monday!
53,396,900 shares are shorted!!
WOOO HOOO! lets get ready to rumble!
Freddie Mac $ 0.64
FRE 0.12
Short Interest (Shares Short) 53,396,900
Days To Cover (Short Interest Ratio) 4.3
Short Percent of Float 8.28 %
Short Interest - Prior 54,636,400
Short % Increase / Decrease -2.27 %
Short Squeeze Ranking™ -35
% From 52-Wk High ($ 34.22 ) -5246.88 %
% From 52-Wk Low ($ 0.25 ) 60.94 %
% From 200-Day MA ($ 2.15 ) -235.94 %
% From 50-Day MA ($ 0.67 ) -4.69 %
Price % Change (52-Week) -98.30 %
Shares Float 645,060,000
Total Shares Outstanding 647,158,633
% Owned by Insiders 0.04 %
% Owned by Institutions 42.60 %
Market Cap. $ 414,181,525
Trading Volume - Today 12,755,284
Trading Volume - Average 12,384,100
Trading Volume - Today vs. Average 103.00 %
Earnings Per Share -24.40
PE Ratio
Record Date 2009-JanB
Sector Financial
Industry Mortgage Investment
Exchange NY
Data Provided Without Warranty
having had throat cancer and non-hodgkins lymphoma I hope these drugs that are coming out from GNTA lessen the chemotherapy and radiation treatments that I went through and assist those who need help from cancer
http://www.viewlasvegasrealestate.com/AboutSteveHarless
with about a trillion dollars coming for TARP there has to be SOME kind of pop in the financials. I like FRE, C, BAC
but FRE has the most potential for me; I have been buying FRE for the last 2 weeks and I loaded up again last friday.
yea glassy: this will be a great start tot the week when this happens...
The Mother Of All Short Sqeezes -
http://www.shortsqueeze.com/?symbol=fre&submit=Short+Quote%99
You wanna see the fireworks on FRE this monday!
53,396,900 shares are shorted!!
WOOO HOOO! lets get ready to rumble!
Freddie Mac $ 0.64
FRE 0.12
Short Interest (Shares Short) 53,396,900
Days To Cover (Short Interest Ratio) 4.3
Short Percent of Float 8.28 %
Short Interest - Prior 54,636,400
Short % Increase / Decrease -2.27 %
Short Squeeze Ranking™ -35
% From 52-Wk High ($ 34.22 ) -5246.88 %
% From 52-Wk Low ($ 0.25 ) 60.94 %
% From 200-Day MA ($ 2.15 ) -235.94 %
% From 50-Day MA ($ 0.67 ) -4.69 %
Price % Change (52-Week) -98.30 %
Shares Float 645,060,000
Total Shares Outstanding 647,158,633
% Owned by Insiders 0.04 %
% Owned by Institutions 42.60 %
Market Cap. $ 414,181,525
Trading Volume - Today 12,755,284
Trading Volume - Average 12,384,100
Trading Volume - Today vs. Average 103.00 %
Earnings Per Share -24.40
PE Ratio
Record Date 2009-JanB
The Mother Of All Short Sqeezes -
http://www.shortsqueeze.com/?symbol=fre&submit=Short+Quote%99
You wanna see the fireworks on FRE this monday!
53,396,900 shares are shorted!!
WOOO HOOO! lets get ready to rumble!
Freddie Mac $ 0.64
FRE 0.12
Short Interest (Shares Short) 53,396,900
Days To Cover (Short Interest Ratio) 4.3
Short Percent of Float 8.28 %
Short Interest - Prior 54,636,400
Short % Increase / Decrease -2.27 %
Short Squeeze Ranking™ -35
% From 52-Wk High ($ 34.22 ) -5246.88 %
% From 52-Wk Low ($ 0.25 ) 60.94 %
% From 200-Day MA ($ 2.15 ) -235.94 %
% From 50-Day MA ($ 0.67 ) -4.69 %
Price % Change (52-Week) -98.30 %
Shares Float 645,060,000
Total Shares Outstanding 647,158,633
% Owned by Insiders 0.04 %
% Owned by Institutions 42.60 %
Market Cap. $ 414,181,525
Trading Volume - Today 12,755,284
Trading Volume - Average 12,384,100
Trading Volume - Today vs. Average 103.00 %
Earnings Per Share -24.40
PE Ratio
Record Date 2009-JanB
Sector Financial
Industry Mortgage Investment
Exchange NY
Data Provided Without Warranty
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look at the chart for FRE -looks like it is ready to POP!
in at .52
excellent post Varok
Anyone who would bash a stock that is under 2 cents that has what GNTA has going for it is INSANE in da membrane! click the ignore button on all bashers
those patents are worth more then 2 cents that s for sure
Stocks go up and they go down....All I know is I wouldnt want to be caught without any shares of GNTA on monday morning when the conference begins and some news could be announced. hmmmm stew on that over the weekend.
GENTA INC Conference Calls and Investor Events Upcoming Event(s)
Fiscal Year End: December Date Time(ET) Upcoming Events Set Alert
03/16/2009 * 18:00 Q4 2008 Genta Earnings Release
03/16/2009 * 18:00 Q4 2008 Genta Earnings Release
02/09/2009 16:00 Genta at Biotechnology Industry Organization BIO CEO & Investor Conference
02/09/2009 16:00 Genta at Biotechnology Industry Organization BIO CEO & Investor Conference
always does...when this is sitting at .03 you will be glad you held and didnt try to roll
better believe it...all you flippers better stand back and watch. hopefully with your shares invested.
98 million buys... why would you risk selling to roll over?
.0124 NOW!!!
just added 200k more! go GNTA
finally someone who speaks the truth!
read this: it is from a nov 08 8-k filing from GNTA:
On June 5, 2008, the Company entered into a securities purchase agreement with certain institutional and accredited investors to place up to $40.0 million of senior secured convertible notes with such investors. On June 9, 2008, the Company placed $20.0 million of such notes in the initial closing. The notes are due June 9, 2010 and bear interest at an annual rate of 15% payable at quarterly intervals in stock or cash at the Company’s option, and are convertible into shares of Genta common stock at a conversion rate of 100,000 shares of common stock for every $1,000.00 of principal. In addition, the notes prohibit the Company from consummating any additional financing transaction without the approval of holders of more than two-thirds of the principal amount of the notes.
The notes include certain events of default, including a requirement that the Company obtain stockholder approval within a specified period of time to amend its certificate of incorporation to authorize additional shares of common stock. On October 6, 2008, at the Annual Meeting of Stockholders, the Company’s stockholders approved an amendment to Genta’s Restated Certificate of Incorporation, as amended, to increase the total number of authorized shares of capital stock available for issuance from 255,000,000, consisting of 250,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock, to 6,005,000,000, consisting of 6,000,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock.
I was wrong...Its a lil over 6 Billion
For the record I currently own stock In GNTA
I own 300,000 shares of GNTA. why would I do that?
"the holder" yes. it was 41 cents a short while ago when GNTA had 36 million shares for a float....now there are 8 billion shares. kinda changes the field a little does it