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buyinstocks

04/08/10 12:09 PM

#43277 RE: colorofmoney #43275

What about it? Genasense had been fast tracked also and what has that done for the drug.

OrnateSilk

04/08/10 12:42 PM

#43284 RE: colorofmoney #43275

I am not going to argue with you or anyone else.

Those of us who have been in Genta, been through a ticker change or two/three, know how this stock operates, are only offering a word of caution. That is all.

I bought more shares of Genta to average down when it was under $.04. I am not so burned that I cannot see the potential of this company. I stress potential. Fast track status or not, there is no guarantee.

A lot of us found that out with Genasense.

P.S. As an afterthought, I will go on record here and say I sold my lower purchased shares at $.146

I will wait and see if we can hold the .14 to .15 range before buying back (slightly higher) or will wait for the inevitable to happen and get lower.

I will always have my core shares. If approval happens, I want to be paying 15% tax liability. So if you are right, great! If I am right, I win on both sides. I love to play the odds and come out green most of the time. To each his own, eh?