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echipaway

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echipaway

Re: Learner09 post# 26272

Friday, 05/29/2009 11:37:03 AM

Friday, May 29, 2009 11:37:03 AM

Post# of 58465
I would not want to be out of Genta going into this weekend.

Genta Market Cap last Friday when it was penny was $32M. $600 million market cap at this phase for Genta is not unreasonable and with good results from clinical trial completeion in the fall could be $2 Billion pre-FDA approval like Dendreon.

So based on a market cap of $320 million GENTA could trade to $0.10 and could head to $0.20 easily for $600+ market cap.

My guess if the ASCO meeting this weekend results in news for Genta, we could see $0.05 next week.
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