Replies to post #5435 on Biotech Values

[poorgradstudent]

>As I said before, this is starting to look suspiciously like a vehicle for management enrichment.<

Exactly. Management and the traders / investors that they're in bed with.

The big boys are playing that stock now. It's a joke of a company, but you don't need products to make traders rich in the market. Thanks to future dilutions, it is guaranteed that any honest investor will not make a good return off Genta.

However, Dew's point is valid: Don't be left holding the bag when the big boys decide that the Genta game is over.

[rkrw]

<<this is starting to look suspiciously like a vehicle for management enrichment.>>

Where have you been the last 10 years? :-)

GNTA reverse split years ago. Take away the original reverse split and they'd have 800M shares outstanding. Selling shares at fat discounts is an easy way to stick around. New inlicense should assure financings for years to come :-)