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Gentium AŞ Message Board

  • chrisgoldmannyc chrisgoldmannyc Apr 19, 2010 1:16 PM Flag

    GENT Chart

    GENT has experienced some extraordinary price swings in the past two years. One positive view point on this stock is that it hit a high of $7.50 over two years ago. So it’s possible that this company could reach higher highs. On the other hand, GENT fell all the way down to .30 cents on 3/10/2009. Furthermore, it was trading as low as $1.30 just over a month ago. In other words in just over thirty days GENT has gained more than 300%.

    As an investor, I typically avoid taking large positions until I can understand the catalysts behind the price moves. Although GENT has proven that it can climb high and fast, I think it would be prudent to do more research to understand what factors could substantiate a higher price.