Replies to post #47729 on Genta, Inc (fka GNTAQ)

[cbrad10480]

Keep in mind that there are 5 million Preferred Shares that
will not be affected by the Reverse Split.

The R/S is only for Common Stock.

So, who owns the Preferreds?
One guess, Company Director(s).

They should carry guns and have stockings over their faces!!



cbrad

[Miami_G]

Thank you for the response and info. However, can you explain the 100% increase in pps in one day? Why would someone jump in heavily when we MIGHT be going to 2 R/S next year?!

The company release could've been a "shorty-trap". Shorts felt so comfy with that info and acted accordingly. We just might see the MOASS here before any R/S occurs.

If we see same uptrend movement Monday it could mean shorty is buying to cover, we might witness a hellova short-squeeze next week (hopefully).

All in my personal opinion. Stay tuned...

[Miami_G]

IMO Shorty has 2 choices Monday, to buy at 5 cents or wait few days to buy at 25 cents LOL...

Any good news will force the MOASS here no doubts. Shorts have been living a dream with GNTA, looks like it's turning into a painful nightmare overnight...

Running to the hills yet? Run Forrest runnnnnn