Good to average down, especially at these prices,but I suspect lower.
I bought last @7.19, hoping for a trade and a rally,GNTA really never saw it.
Is our bear market rally over? Friday suggested it might be, if volume confirms this week, then have cash to buy this gem.
Still a news driven biotech, there is always chance of a quick bubble to make money also but I stand by my... buy it, tuck it away, don't look!,come back in 2 years
Good Luck to all Longs"
"The stratagy works because it is after the fear,the shorts and the ride on the biotech rollercoaster.(NDA,FDA etc)
Analysts ability to "move" a stock will be overtaken by what will be the marketplace in 2 years.(look at post 70's bear market for historical perspective) A marketplace of valuations and earnings.
GNTA IMHO will have them....soooooooooo But it tuck it away dont'LOOK !come back in 2 years
Good Luck to all LOngs"
GNTAQ is currently at $0.0001.
Terry - don't hate me for this. It's for your own good to be reminded of how others see you.
The history of Terry's triumphant Short trade at $7.81.
Here (apart from my "NB") are the relevant comments by Terry -
Nov 29 ... tipping point $7.81 ............
Dec 13 ... Calling the short @ $7.81 .... the target ($6.12) and the results- so why didnt I take the trade understanding full well the position? ..... My portfolio is cash rich. When we get to 6.12 - the signal will be so strong I may take the trade.
Dec 14 ... No, I didnt take the short trade from $7.81 because of the news story that will effect all markets. The fiscal cliff is just 2 weeks away.imo an agreement will power the market on a rally. I like many investors sit on the sidelines durning the Holiday season, safe and cash rich - in case.
NB: Are we all clear on this?
Because of the potential for investors to re-enter the market on the back of a deal to avoid the Fiscal Cliff, Terry DID NOT short at the $7.81 "tipping point" he was predicting in November. He was still on the sidelines during the Holiday season.
But Terry has never been one to allow a minor inconvenient fact like that to deter him -
Jan 22 ... Happy to be short since 7.81
Jan 24 ... still short INSM since $7.81 ,the downtrend continues
Jan 25 ... still short INSM since $7.81,the downtrend continues
Jan 30 ... YTD +20% (see the short since 7.81)
Jan 31 ... but technically we are tipping (short since 7.81)
Feb 3 ... but technically we are tipping..... (short since 7.81)