Replies to post #21937 on Genta, Inc (fka GNTAQ)

[nutriman24]

Well, with about 6 Billion shares traded over the past 3 weeks
, GNTA gets a grade of A+. They overcame the second batch of the noteholders selling. Shares are now in the hands of the strong.
Excellent rotation of stock. Gl all

[The Real Titan]

Well thanks Medic, nice of you to say.

Hey, I'm just an honest and ethical trader, which I think is a rather rare commodity here on IHUB....lol

I just call it like I see it, which is usually based more upon the charts and trading patterns, because I don't waste much time with DD as its not necessary to make money in any of these markets.

But that's because I'm trading, not investing and anything more than some light DD simply isn't necessary in our approach.

But with GNTA as well as other Biotechs, they can sometimes be worth holding on to a sizable position of free shares, just in case they achieve success with one of the drugs in their pipeline.

Those knuckleheads that say the charts are useless, throw them out, simply don't know how to read one obviously....lol

However I only flipped shares once today, as I felt it to risky to remain out for to long, in the event a PR hit that explained our explosive volume and pps surge.

It was a clear chart play and I've approached it in a similar manner to you, except I started at .0129 and have just continued flipping shares down to .0055 range, accumulating a little more with each flip.

Not sure what prompted today's breakout run, but I suspect something was leaked. Now depending on what that turns out to be, there is no reason this can't get back to .02 or above and I'll just keep trading it as I have till it peaks out. Where that might be, who knows...lol