Galectin Therapeutics Inc. (GALT)

[biotech2010]

No he hasn't. Anyone foolish enough to follow his analysis missed a run from $8 to $17. Here is his last post prior to the January, 2014 run up for GALT, he wasn't buying any:

123tom Thursday, 12/19/13 04:34:16 PM
Re: None
Post # of 1092
My target to buy more GALT is upon a fall to 6.30-6.90 area. closer to 6.30
might take 2-4 weeks , probably mid January or so. I'm not comfortable buying above 7.
unless we see great fundamental news make GALT soar again. then the TA becomes shattered, and has to start over with a new chart outlook.
but barring that, the chart is still baking in the oven, in a pullback pattern that targets below 7. and above 5.80 area
pick a target. the 200 ma is around 6.40 area. that's a good place to watch .
Right now, we see overhead resistance put downward pressure around 8.25-8.45 area. waiting for the price to roll over and the next shoe to drop. to test 7 and lower.

If an investor just began buying GALT at the 5.50 falling knife, very lucky timing. and to establish the core, maybe buying at 7 is ok. but for those who got in early at much lower prices, I don't think 7 is a great bargain. I like 6 better, and the chart would actually look better, like a cake finally baked just right.

Even at today's price the stock is more than 50% higher than the above.

The object is investing is to make money, you can't make money waiting for price targets that are never reached before buying.

This is my last post on this message board, good luck to almost everyone.