Replies to post #44954 on Genta, Inc (fka GNTAQ)

[fmrick]

almost 1 billion shares on the market right now with still approx. 5,5 billions convertibles out there.

So take the current value and divide it by 5.5 and you get your bottom price.

.04 / 5.5 = 0.00727. Then apply a 1:100 reverse and you get a price of 0.72 post split.

I don't think it will go that low. I think the best entry is anything under 1 cent.

I'm still waiting. At 0.009 I'll load the boat. But we have got to get rid of the convertibles first.

And this is NOT a Pharma play. It is a speculative developmental bio-tech play at best, and a roll of the dice at worst. They have failed how many P-IIIs? Get real.

Buy at under 1 cent and sell when you hit 2 cents. That is how you make money here. Play the pump.

[giveit2me]

that's why i sold with $1500 loss, on a half cent. somebody wanted to know my reasons, this is the main one. i'll still be watching GETA thru next year