Replies to post #36337 on Genta, Inc (fka GNTAQ)

[Talc Moan]

It's IMO conversion taking place. How else would you explain how contained this walkdown is.

[gophilipgo]

I tend to think that it's the MMs slowly walking down the price, looking to take out stop losses, because they know they can. Might be some flippers exiting too.

[weatherdude]

It does seem that there is no basis for the selling pressure today. What is of interest is when we see this type of pps movement...It is quickly followed by a rise in the share price to a new high. My feeling is this is setting up for another run above 1.25 later in the week or early next week with or without any news from AGENDA...