You should stop giving yourself credit for accuracy considering this post of yours on November 20th, which said you would buy more below 6, a point never reached again since the stock ran to $17 within 2 months:
123tom Wednesday, 11/20/13 03:36:47 AM
Re: None
Post # of 890
A good falling knife to 5.35 at the open today, gave the nimble about 3 minutes to catch the drop. Then GALT made a good bounce , showed strength and ended the day looking strong.
But this wave structure, intraday, looks clear as a 5 wave (subwave) move that might peter out in tomorrows open, I anticipate a wave finishing pop tomorrow, maybe to around 7.00-7.15 area,(it could take one day or a few days) followed by a drop,trying to retest the next support level for an intraday pullback, clearly shown on the short term chart at 6.25 area.
The chart is showing now, these two price points ..... 7.10 area as a top (finishing wave 1 or wave A) and 6.25 area as pullback to see if that holds support.
Beyond this immediate zone for intraday, the greater targets I posted are waiting.top zone 7.60-10.60 and bottom zone 5.30-4.00
GALT made a good show today. Now it needs to find support around 6.25 and hold there, and at least above 6. needs to show strength around 6.25
But even if it does hold now, and continues on toward 8/9/10 area, there is big possibility of resistance anywhere around there and the next big wave right back down to retest the bottom zone. This longer wave structure could play out for many weeks. and create a big ski slope curve ,the kind you see all the time in small cap charts , after they went hyperbolic.
The GALT chart shows a few large volume buying days took place at the top zones, around 11,10,and 9. We could see alot of those new traders who chased it, selling to break even as soon as price gets there. So I'm not expecting to see 13 again ,until after the resistance at 9/10/11 gets cleared out, and for now, I'm seeing 9 area as the more stable top zone, and looking to buy below 6 if we get the chance. closer to 5 and even 4 would be a fine bargain.
You keep positioning yourself as an expert on a company where you admittedly 'know nothing about the fundamentals'. I can post that comment of yours if you like as well.
Some of us have been invested in this company for over 5 years and have taken the time to learn about the fundamentals, have studied the test results, spoken with the management team, and actually have opinions that are based on fact rather than Elliott Wave theory, the accuracy of which has been debated by people far more knowledgeable than you for over 60 years.
I've posted on this board for a long time and if people had followed my advice they would have bought GALTW at prices was below $1, just like I did but I don't spend day after day posting essentially the same thing (resistance higher, price could drop, yadda, yadda, yadda) trying to convince everyone of my expertise.
It's easy enough to put you on ignore and that's essentially what I do as I don't read your posts, it's just tiresome to see the board taken over by someone with absolutely no knowledge of GALT and its potential.
