Genta, Inc (fka GNTAQ)

[RYJO]

Ryjo's Thoughts Going Into October Reposted From Yahoo

Here are my thoughts:

The .40s are gone for good.

It's crazy how after all of this research that we did together as a message board, that we have such a positive light going into things. Normally, you know, you see pumpers and it means its going down, bashers mean its going up...but we just have a lot of positive longs because the facts with Genta have always been there to denounce bashing. Sure, they did a few "negative" things, reverse split, dilution, but just like that Investors Live page said, GETA.OB is one of the few reverse splits that has worked. I'm glad to see as we get a slew of new users due to the volume and the fact that its happening soon, that people are finding our message board unique.

So AGENDA ends on TUESDAY! Unbelievable that its finally here. That BioMed Article that compares us to DNDN made comparisons to how we are looking like they did on the eve of the data being released.

6 days.

6 days DNDN stayed at the levels that we are being compared to. We have been there for three. Three more days then and a Thursday pop? I predicted that this would happen in a thread last week. http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=96872&tid=6202&mid=6203&tof=-1&rt=2&frt=2&off=1

What I'm talking about in that thread is the 200 day moving average and the 50 day moving average meeting that day for a Golden Cross. If you see below I have linked SharpCharts for GETA and DNDN. You can see after the 6 days, DNDN's golden cross, and their spike. We already know that GETA's golden cross is coming at the end of the week...and after 6 days ironically, our run started with perfect timing.

GETA Chart with 50ma/200ma: http://stockcharts.com/c-sc/sc?s=GETA&p=D&b=4&g=0&i=t45376447832&r=931

GETA Chart with 50ma/195ma, to show you that, because the 195 hit on the 17th, that means that in five trading days, the 200ma will meet, and that will be on 9/24: http://stockcharts.com/c-sc/sc?s=GETA&p=D&yr=0&mn=1&dy=0&i=t58693815657&r=1876

DNDN Chart with 50m/200ma: http://stockcharts.com/c-sc/sc?s=DNDN&p=D&b=4&g=0&i=t74094088219&r=6455

This is NOT what we longs thought would happen. We are all talking about October at the EARLIEST. Ray even said on 9/9/09 that it would be "in a couple months". But he did say "Early Q4" on 8/12. The point of comparison in the BioMed Article was that DNDN came out with it earlier than they had said. So...it is possible, since AGENDA is over on Tuesday. How amazing that would be...it leads me to believe that if this happened you might not have to wait for a second pop. It could just pop right to something unexpectedly big. Who knows how high or how low, we just do know that something is coming. If it doesn't happen on 9/24 or 9/25 I think that it will be on October 1st, first day of Q4, before the oblimersen scientist is being honored later that day by the Melanoma Research Foundation. Furthermore, if it closes above .50 until the 29th, then on the 30th, Genta could potentially force conversion on their shares. And, on October 2nd, most of those institutional noteholders each get the ability to convert a small portion of their shares. This is where we come up with that 235M outstanding share number.

So my two scenarios would give retail a week to enjoy things starting 9/24...or we will all enjoy it together with the noteholders on 10/1. IMHO.

What's exciting, is that the 9/24 scenario is starting to seem likely. I'm long until it happens, but what a nice early 21st birthday present that would be for me (9/29 is mine, 9/26 my dads).