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  1. #11
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    according to some press releases, the original date of the R/S was set to be July 1, but that due to administrative proceedings the R/S would be delayed and Genta would announce a new date for the R/S, so the name change on monday doesn't have to mean R/S on monday (even though many people are reporting that their orders for GNTA have been cancelled due to a R/S on monday)

    My understanding is also that if a name change happens on monday, the price will likely spike due to a common inability to sell the shares for a day or so after the change...so that could possibly be a good time to get in and set up a limit for when selling becomes possible again (but that is just what i've read)


    There is an abundant amount of rumors that BDSI will have an FDA announcement on the 13th, but there were also rumors of announcement for the 10th, so barring any announcement before the market opens on monday I might sink some more shares into BDSI in anticipation of the announcement. The rumor is $11-$12 after a favorable announcement, but i'll probably be cautious and take my profits in the $7-$8 range in fear of a backlash after a spike.

    HEB is still looking like a long trade but all things considered, I'm still thinking of jumping on the train if it dips below $2 on monday and things don't pan out for GNTA (or possibly GENT on monday) and I decide not to delve deeper into BDSI

    any thoughts?
    Last edited by drpepper14; 07-11-2009 at 12:00 AM.

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