Ray is diluting big time the past few days. Expenses have to be paid. When he is done, the stock should go up. However if FINRA reverses their decision on GNTA's appeal, then the stock will take a hit
It's hard to disagree with that as pertaining to the history of this stock. Perhaps though, yesterday's news sheds a new light on the potential here. Holding now and going forward could be a profitable endeavor.
I suspect today's pullback is just backing and filling of yesterday's huge move. Very common after a big spike. I think if you examine the volume history of this stock you will see yesterday's move could be the start of a new uptrend. Time will tell but it looks like the company could have a cure for breast cancer. If so, a few hundred thousand GNTA shares could be a life style changer.