SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FINNEY STANFORD C JR

(Last)

(First)

(Middle)

GENITOPE CORPORATION

6900 DUMBARTON CIRCLE

(Street)

FREMONT

94555-3651

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENITOPE CORP [ GTOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/15/2006		S		130⁽¹⁾	D	$3.68	317,486	I	Rainbow Trading Corp⁽²⁾
Common Stock	11/15/2006		S		130⁽¹⁾	D	$3.66	317,356	I	Rainbow Trading Corp⁽²⁾
Common Stock	11/15/2006		S		163⁽¹⁾	D	$3.65	317,193	I	Rainbow Trading Corp⁽²⁾
Common Stock	11/15/2006		S		1⁽³⁾	D	$3.77	345,502	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		6,832⁽³⁾	D	$3.76	338,670	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		2,855⁽³⁾	D	$3.75	335,815	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		3,689⁽³⁾	D	$3.74	332,126	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		11,377⁽³⁾	D	$3.73	320,749	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		14,709⁽³⁾	D	$3.72	306,040	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		33⁽³⁾	D	$3.71	306,007	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		81⁽³⁾	D	$3.7	305,926	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		130⁽³⁾	D	$3.68	305,796	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		130⁽³⁾	D	$3.66	305,666	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		163⁽³⁾	D	$3.65	305,503	I	Rainbow Trading Sys⁽⁴⁾
Common Stock	11/15/2006		S		3,928⁽⁵⁾	D	$3.76	19,072	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		1,642⁽⁵⁾	D	$3.75	17,430	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		2,122⁽⁵⁾	D	$3.74	15,308	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		6,543⁽⁵⁾	D	$3.73	8,765	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		8,459⁽⁵⁾	D	$3.72	306	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		18⁽⁵⁾	D	$3.71	288	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		48⁽⁵⁾	D	$3.7	240	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		75⁽⁵⁾	D	$3.68	165	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		74⁽⁵⁾	D	$3.66	91	I	by Stingray Partners⁽⁶⁾
Common Stock	11/15/2006		S		91⁽⁵⁾	D	$3.65	0	I	by Stingray Partners⁽⁶⁾
Common Stock								486,350	D
Common Stock								20,000	I	by Pinehurst Invest.⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Rainbow Trading Corporation sold a total of 40,000 shares of Genitope common Stock because it is eligible for substantial income tax savings if it incurs a capital loss in this calendar year. In this regard, Rainbow Trading Corporation may acquire additional shares when it is able to do so without jeopardizing the tax benefits realized as a result of the intended sales.

2. Shares are held directly by Rainbow Trading Corporation. Reporting Person is a controlling shareholder of Rainbow Trading Corporation. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

3. Rainbow Trading Systems sold a total of 40,000 shares of Genitope common Stock because it is eligible for substantial income tax savings if it incurs a capital loss in this calendar year. In this regard, Rainbow Trading Systems may acquire additional shares when it is able to do so without jeopardizing the tax benefits realized as a result of the intended sales

4. Shares are held directly by Rainbow Trading Systems, Inc. Reporting Person is a controlling shareholder of Rainbow Trading Systems, Inc. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

5. Stingray, Ltd. sold a total of 23,000 shares of Genitope common Stock because it is eligible for substantial income tax savings if it incurs a capital loss in this calendar year. In this regard, Stingray, Ltd., may acquire additional shares when it is able to do so without jeopardizing the tax benefits realized as a result of the intended sales.

6. Shares are held directly by Stingray Partners. Reporting Person is a general partner of Stingray Partners. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

7. Shares are held directly by Pinehurst Investment Partners. Reporting Person is the managing partner of Pinehurst Investment Partners. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

	By: Laura R. Woodhead, Attorney-In-Fact For: Stanford C. Finney	11/16/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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