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navycmdr

05/30/09 9:31 AM

#26591 RE: CHUCK CONNERS #26590

GNTA MM's are obviously diluting into any volume ...

we had 3.4Bil OS .. not its 4.88 Bil OS

LTCO and RBCM usually only work the ASK side of Level II

we have been getting higher daily volume which
lends itself to newer shareholdrs / flippers

base has moved up with newer crop of flippers ...
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BioRecruiter

05/30/09 9:54 AM

#26594 RE: CHUCK CONNERS #26590

I'm long Genta and I think this stock is doing extremely well. This stock is trading at the same levels as it was a few months ago!!! Thats amazing since there was less then a billion and now there are over 4 billion. If there was no dilution this thing would be at .05 or higher. I think alot of people belive good things are coming but I cant say when. I really hope a deal is in the works or one is about to happen but with Genta track record maybe companies are more in a "wait and see mode" There have been a few companies that have gotten partners before ASCO like Exelixis and Couger Biotech. Major pharma companies have people watching for good buys but Genta hasnt been hit yet. I'm hoping they have some positive news from the Agenda trial that they will release at ASCO. I also saw they Ray Ray have 5 times the amount of shares that he had a few months ago. Maybe thats because he gets paid more in stock or from the interest payment he received from the last round of financing. But I see he still has them and hasnt dumped them on the open market. Thats a good sign.