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Can anyone explain why the PPS fell so hard and fast in 2007?
Nice board here and I really like what I see with Viking. I am just trying to understand why the stock price fell to these levels in the first place. This company seems WAY undervalued.
"Now all the weak panic selling hands are itching to get back in."
You are joking around, right?
You are wrong.
The Agenda trial itself may be paid for, but it does little good if the company who is doing the trial goes broke before it is over. Genta currently does not have funding past January of 2010. Without further financing deal(s) or a buyout/partnership they will go BK. Want to believe it or not, this is a fact.
I had the same "everything is going to be great" mentality that you did until I lost a ton of money with this stock.
IMO wait until the next round of funding and the associated R/S occurs until you put more money into Ray's pocket.
How about sending out another e-mail alert today to play SMMT (during trading hours). This might get more poeple who got out yesterday back in the fight.
It's not too late to play this!
Do some AM ASK slapping.
Great day today!
I made some great profits today and still hold some SMMT for new highs tomorrow. I had good success buying early today with Scottrade, but it was very difficult to sell towards EOD at the ask.
Outstanding job with this board guys.
SLAP ASK FOR POWER HOUR
Buy SMMT at ask
PERFECT TIME TO LOAD UP AGAIN!
HERE WE GO AGAIN!!
LETS GET THIS PAST .003!
I would have to agree with you, it's doing exactly what I thought it would do. Thursday's CC should be pretty ugly.
BUY/SELL AT ASK ONLY!!
.01 would be nice
PUSH IT THROUGH .003!!
HERE WE GO AGAIN!!!!
BUY/SELL AT ASK ONLY!!
Time to reload
could we see .01?
SLAP THAT ASK!!!!!!!!!!
This is just toooooo much fun!!
I agree with you 100%
Things leading up to the CC and release of the results (including the early PR) were a setup. Us retail investors got totally screwed out of millions of dollars while others benefited greatly.
Then why do they ask if you have questions to press #12 (or whatever the sequence was)? On at least one of the previous CC's some of the questions clearly came from retail investors. Listen again and you will know exactly what I am talking about.
This CC was fixed.
You have NOTHING to apologize for.
I tried to ask questions and nothing happened.
Total setup. I bet Renji was sitting in the next room from Ray at Genta headquarters during the CC. After the call they went out for a liquid lunch and talked about the next financing deal.
Already sold them
I will buy yours from you when this is sub penny again and you become part of the new breed of Gentard bag holders.
Good luck to you, I think you will need it.
THE DRUG WORKS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Actually Gary..........
IT CLEARLY DOESN'T WORK!!!!!!!!!!!!!!!!!!!!!!!!
Man oh man this sucks, I am still having a hard time accepting this.
That's funny, I just watched that. That could have been me but I was in my own house when I read the horrible news.haha
"But us REVENGFUL Gentards have not left, and have a score to settle here with GENTA."
Boy do you have that right. We will win the war here!!!!!!!
Lots of good people here with tons of insight on how to trade this stock. No more "investing" in this company. My relationship with this stock went from one of love, to one of revenge in a matter of hours. And that was my mistake...........you should never love a stock!
It can be more than 90 days. Another stock I own has been waiting a lot longer than 90 days for a 510K approval. I believe the FDA must "respond" within 90 days but can ask for more info, studies/trials, etc.
The good news is the FDA has not denied one 510K approval yet this year.
That is exactly what happened. Many here got so emotionally involved with this stock, we lost sight of the risk involved. Many of us lost a ton of money yesterday and we are still here talking about Genta today! It's like a friggin disease.
You bring up a good point. IMO nobody should "Invest" in this company. I made that mistake and paid heavily for it. Besides my large holding position I had a small trading position and made some $$, but it was not nearly large enough. I was always afraid I would pull too much out and miss the "big PR". Well we all know how that worked out.
I will be back in this stock when the next financing deals are done to make some killer trades. I have learned A LOT about how this stock behaves on a daily basis, and will use it more to my benefit in the future.
It must not be close enough. Ray clearly said they would not submit this for approval this year.
I don't think some of these new investors realize how important the Agenda trial was to the future of this company. Just in terms of creditability, Genta lost 99% of the little that they had. The failed Agenda trial will haunt Genta for as long as they remain in business.
Yeah, I was not so fortunate.
Hopefully we can make some nice profits here with XMDC. Good luck to you.
Yup, another GETA survivor here. I Still feel like I got hit by a bus, but life goes on.............
I like what I have learned here so far, this is a very informative and well run board. I look forward to doing more DD and hopefully be able to contribute in the near future.
Access numbers for this replay are: (800) 642-1687 (U.S. and Canada) and (706) 645-9291 (International); conference ID number is: 38149996.
That pretty much sums it up perfectly.
"The agenda Trial is not based around melanoma"
I think you are the one who needs to do some research, "Dude".
Everything points to the fact that Genta has been preparing for good results from the Agenda trial for quite a while. They were speculating just like we were! They booked a larger booth at ASCO, extended their lease, added shares (for Ray and his wife), designed a new website, hired (or at least interviewed) for new positions, etc.
Then BAM, bad news from the trial and everyone is shocked (including Ray and everyone at Genta).
I could be wrong, but I believe that Genta was blindsided by this outcome just like we were.