First look at GNBT 6 months chart, stock was traded above $0.5, at the same time you also can see insiders bought at this level. The reason push stock called down is GNBT wan to have a reverse split and to collect money to push oral lyn phase III trial (start from 2008, speed limited by cash).
Last 4-5 month there is nothing change, oral lyn phase III trial continues, AE37 finish phase II trial and will start phase III trial. GNBT acquires GMD for North America oral lyn distribution. After these I did not saw anything is bad!!!
3/30/2011 conference will re-confirm that GNBT will do it's best to increse shareholders value. GNBT will tell investors the exat date to announce oral lyn phase III result, and when is going to start AE37 phase III trial and possible partnership.
If you look at 5 year chart, you are goig to see GNBT rocketed to $7 from <$1!!! Because oral lyn got India market. Noticed india oral lym phase iii trial also at very late step, good news could come out any time from there.
So my concoulution is GNBT will go up slowly, but very steadily.