Replies to post #57565 on Genta, Inc (fka GNTAQ)

[Suebarth]

Why didn't filing chapter 7 immediately halt trading. If shareholders can't benefit, are they just throwing money away. Or could it be some of the big holders will get paid? For me there is no point in selling at 5 or 10 cents on the dollar. Is there a slight change that China or a Big Pharma could buy it out of BK? I suppose even a buyout would wipe out the small shareholders.