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@dudmeister : the flemish board is www.beursduivel.be, but most shareholders are following this board to get updated...
sorry, I can't post a private message
small world ;)
if it is any consolation, I'm from Belgium and I have seen the pictures too (even before they were send to members of this board, they were send to a Belgian shareholder who posted them on a Flemish board). So I can assure you I'm not part of a orchestrated symphony as you put it. One peticular pic showed a white board with some names on it (inside an office). No need to say I searched the web for those people....but came up with several possibilities (even joked about it as in Europe we have a large selection of names/surnames wich makes the search somewhat easier).
I do believe people posting on this board are mostly longs, anxious for positive news and not the average paid pumpers, so I can confirm to you that the pics were real.
well, since the rise is quite out of the blue, I would assume so.
trading last week was about as exiting as watching paint dry, and look at today.
no doubt in my mind, news is pending
the train is leaving the station, don't be left behind at the platform ;)
get in line foxy ;)
just got home from nightshift, need to get some sleep I guess ;)
or my glasses ;)
bid 0,0005 usd ask 0,0007 usd.....
nice
finally, some good news....
with financial issues being delt with by this company,
future is looking bright in the long term
I do believe this kind of energy solutions will be the next big thing but financing has been a struggle for ARSC.
Seems to me they are doing things in the right pace and I can therefore extend my long term position.
This should go up from here on with the sky being the proverbial limit ;)
I'd love to be right, but since I want to pick up some more shares today at this bargain price, I hope I'm right from next week on ;)
my point exactly....
I'm just under the impression PR will come sooner than to be expected, since QEDN is on an obvious uptrend we might be seeing some big news come december.
me for one, I'm hoping to increase my position drastically today in stead of having to chase this stock next week....
EDIT : or in the weeks to come ;)
'The merger is expected to close within the next 60 days'
Yet volume picking up and pps rising....
60 days from 11/09/09 is january, so it seems to early to be expecting some news. however with all the buys going through wednesday I'm starting to believe someone is loading up big time and seems to know more for the near future than us retailers.
even if we are only being pumped, 0,0005 usd remains a bargain price in view of what pps is going to be at completion of the merger.....
I got no idea, volume is high and pps goes up.
Hopefully some good news on the horizon ;)
thanks fmrick
There seems to be a lot of discusion about financing . I recall Genta management stating they could last till january 2010, long before results were known, so I'm also expecting dilution.
But, I have a question....
If the results were positive, that would obviously made a huge difference in PPS (snif), but would it have made it a difference in
earnings prior to 2010? (in other words, wouldn't they needed some financing too to get them towards an approval, and in the end finally towards some earnings?). So I was wondering if finance wasn't indeed already arranged, since they would have run out of money with either positive or negative results.....
I also wondered what happened to the patients enrolled in the first trial (I wasn't around then), were they 'recycled' in the last one, at least the subgroup, and were they followed up in means of OS (that could give us a clue about the OS within a year) ?
In my humble opinion, we should see within the next 2 hours where this stock is heading to. If there isn't a big drop towards the EOD, I would still have some hope.
that would explain the leak and the volume.
but I if were a note holder I'd prefer to convert at a dollar, rather than 0,10 usd. so I wouldn't like being tipped off at the last moment.
I believe most of us do agree Genta is in need of further financing. so why annoy note holders they desperately need in the short term?
unless, management has found somewhat of an other solution?
'(...) bought the random discovery' ; bought as in 'believed'
are we on the same planet or is your english even worse than mine?
so there to be found, yes ?
and to be regarded upon as extremely good news, so pps wouldn't drop drastically by insiders selling....
EDIT : I remember someone checking up on the IP adres, I don't known much about computers but the IP adres can be located I believe, so whoever made the site can be tracked
doesn't make sense....
it was a fake, remember the event scheduled for yesterday in Boston ?
and if it would been posted by someone who had hardly a history with this board, I wouldn't have bought the 'random' discovery.
the person posting it was nutriman and I pretty sure he isn't a paid pumper, so I do believe he discovered it by accident
I tend to think that financing the next round is already dealt with, by the same note holders that filled their pockets when pps was about 0,80 to 1 usd.
This month we will see some pumps to convert any shares left (I don't think november note holders will settle for 0,10 usd), starting tomorrow till perhaps wednesday, and in the weeks afterworths Genta will trade with ups and downs.
Come december, we will see massive dilution so Genta management gets its 2009 bonus for working so hard ;) (setting up fake websites, leaking pr's at the middle of the night, making sure all insiders have sold, printing gigantic amounts of new shares etc. is pretty hard work ).
(I was also wondering if US citizens could take losses into their tax calculation -in Belgium, profits and losses from trading are tax free in most cases-. So retailers could go for some tax benefits by the end of the year.....)
ariane_verschaffel@hotmail.com
thanks vawedo and have a nice weekend!
thanks vawedo.
I remember back in april I was swept off my feet by de rise in pps, until in turned out to be a tricky move to get the shares in the right hands for a yes vote on R/S. I was angry with myself for not flipping any shares, but could blame it on my ignorance.
So, when pps started to rise again late september, I assumed Genta was up to some old tricks. I remember asking conformation at the board (the financial specifications were far beyond my comprehension) about de Note Holders being forced to conversion after 10 days, because I assumed the convertion was the key to the rise .
I believe it was smitter who answered me that the 10 days clause was build in the contract to keep the Note Holders from greed (seems ironic now in view of my earlier post), which was also my line of thought (let pps explode after good results, without being withheld by convertion). So I flipped a major percentage of my position and bought back in far lower.
Only this week, with the new site (in all the new events scheduled), I enlarged my position more than I was planning to for I saw pieces of the puzzle comming together (and as it turns out only in my vivid imagination), but like most of us I was misled once again, and I should have know better.
Cause this time I can't blame it on ignorance, can I?
So now I'm seeing conspiracies everywhere....
that has been on my mind also : I think the leak was there for a purpose (even the wrong date was intentionally put there so we would all presume it was a hoax until it was to late)
how about this :
results were known for quite some time, but couldn't be released without some people fleeding the ship, actually the people that matter (note holders, major investors), so pps is rising artificially just to let the note holders convert, a stretched pump and dump so to speak, with a fall back from about 1,26 usd to 0,65 usd.
desperately clinging on to a higher pps, bold measures were taken : the launch of the new website (there to be discovered : Nutriman, if you hadn't found it, it would be dug up some other way) containing quite a busy schedule for Genta in november. some eyebrows were aroused by the decline in pps, we should have been more suspicious about that fact.
at some point a cc was scheduled but some more shares needed to be dumped without raising suspicion about premeditation.
the shares could only be sold in Germany due to lack of time between the pr announcing the cc and the cc itself.
so, Genta organizes a leak, while most shareholders in US were vast asleep, no doubt dreaming about their fortune to be made, more shares were dumped trough the german stock exchange.
we have a saying in Dutch : 'you don't bite the hand that feeds you'.
I haven't sold one share yet due to the fact that another round of note holders needs to convert and they won't settle with the crumbs lying on the table right now. perhaps it's a very stupid move on my behalf, but since thursday I'm officialy known as an idiot anyway for being long on Genta.
these are all asumptions, but I was around last april and I'm quite convinced that Genta's management has several tricks of it's sleeve, so a plan B is almost for certain available (I tend to believe plan B is actually plan A/b unfolding itself since late september).
Comments are obviously more than welcome.
I've been meaning to ask you smitter : first time phase III results came back (poorly, must have been quite a déjà-vu for all of you), did it mention the OS being evalueted afterworths ?
seems to me I'm left all alone as the ship sinks, well see you all next time around, and many thanks for letting me share all the information posted here.
have a nice weekend (or try to)
Ariane from Belgium
thing is nutriman, you can do DD all you want, in the end the company management
is only letting you know what they want you to know.
me, I'm counting on a higher pps early next week to sell of most of my position (if not all) and I'll be trading Genta as I traded it first time around, just speculating. I honestly don't think it's worth more
I think there will be a bounce before the next cc.
Then we will see massive dilution due to the note holders converting.
so the patients receiving genasense were favoured, yet not statistically significant ?
and this is the positive result as mentioned in 'The Medical News'?
actually vawedo, I kind of in the same position (but not with that amount of money). I'm going for your second option, as I can't afford to sell all of my shares at this level.
fortunatly I flipped some at 1,23 usd but re-invested my earnings and even some more.
furthermore, I'm losing money on the rate dollar versus euro.
in short, I'm planning to sell today, maybe early next week and try to average down my position (which I'll succeed without a doubt) in the weeks to come.
good luck to you and all members on this board.
can someone please clarify this for me :
'AGENDA did not show a statistically significant benefit for its co-primary endpoint of progression-free survival.'
'The observed differences in progression-free survival, overall response, disease control and durable response all numerically favored the group that received Genasense®.'
this seems contradictory to me ; patients benifit from Genasense or they don't....
and what about the article in 'The Medical News' : same pr, same results, different title, somehow results got positive
so, ok, there is more to Genta than these results. but how will they ever get financing to continue? they lured us into a R/S, which none of the shareholders really wanted but were prepared to put up with to keep Genta in business 'cause light could be seen at the end of the tunnel with the outcome of this trial.
I'm not a doctor and I struggle with medical terms (and I'm from Belgium), but it seems to me that Genasense isn't working any better than a placebo. therefore I'm having doubts about the use/benefit of this drug.
perhaps not for weeks, I agree.
but definitely not since yesterday or beginning of this week.
I also believe trial is been followed up by Genta, so they must have seen this coming....
a nice thought, but I don't buy it.
we were all here for making money, but I do believe todays events were far more disappointing for people suffering from cancer than to us. so I think Genta led them even further astray than us by giving them hope and delivering zero point zero.
so I think Genta 's motives were not in the least philanthropic by nature.
and what's even more making me angry is the R/S we had to endure for financing a trial with 'no statistically significant benefit'.
and I do agree, this smells fishy....
I don't believe for a moment results hit Genta overnight (as they hit us today).
So I'm still confused : why all the plans for the future if there isn't any life left in Genta ?
Only two possible answers for me : 1. there is still some life left in this company 2. it was all ment to led us astray and letting the shareholders keeping the faith and feeling like idiots now.
Anyone any thoughts?
How about all the circumstantional news that was found before today : the lease, the ASCO booth, the new jobs....
Are they still there?
I remember reading about those things here, but I haven't saved the links.
Anyway, I still holding at these levels...
I still quite confused by the fact that when you open the link and go back to the homepage of euro investor the news is not showing. how did you find it?
I'm hanging on to the fact that none of this is even published on the GENTA site itself.
Anyway, if results are bad, that's the risk we were all willing to take
well that was my point vawedo ;)
saving up some of my posts, so I edit :
I think Genta has the shorts by the nose by letting them no time to cover, so they are pulling every trick in the book as they can only buy in Germany at this point in time.