Guys and Gals, I looked up a few companies outstanding shares and i wanted you to see that once Genta's drugs hit the market that even 5 bill shares won't matter here is a random list I looked up.
When A drug company hits it big Billions of dollars will flow it will probaley release more shares to increase market cap. I am not worried one bit. goooooooooo GENTA I will repost this later so others get to see this
Yeah, well, I had a sell order in at $.10. I'm just hoping I can cancel it, that is why I asked. When I bought, $.10 sounded like a pipe dream; then yesterday kind of seemed to put that in reach.
I have more than those 50k shares now and I do not plan to sell anytime soon unless my order can't be cancelled.
With the current revenues of .02 cents per diluted share GNTA should be trading at 3x conservative to 5x that figure imo. I wouldn't be concerned about the OS at this point there are many small cap bb stocks with much higher share structure EESO for example which have recently been into pennyland. This company has huge potential with their two main drugs which if become fully approved will make this stock worth a lot more than pennies. Very interested to see how the financial community evaluates this one tuesday morning. Expecting a much higher pps next week.