Biotech Values

[DewDiligence]

>GNTA – What happened was >2B shares from a June 08 pipe became available for sale today. For some logic defying reason gnta had been selling for between 20 and 40 cents for the past 6 months. Even though it was obvious gnta would go to a penny when the shares unlocked.<

Roger that. Given the severity of the drop (you don’t see 95% every day!), I figured there was some kind of leak.