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Re: biotech2010 post# 1943

Sunday, 05/10/2015 12:29:54 AM

Sunday, May 10, 2015 12:29:54 AM

Post# of 3833
Biotech,I value your fundamental understanding.
Can I ask a few questions.
Did you anticipate the possibility that GALT share price would collapse like it has.? Did you think it could hit 3 dollars and now could it fall to 2 dollars? Is there any price point where you would get worried about this investment? Is there anything in the fundamental developing story that would make you worry about this investment? When is the next 'big fundamental news' time frame coming? and how important will this next one likely be?

From a fundamental perspective, what caused this Major price Collapse.? and why is it NOT rallying back in the past year...it managed to bounce from last years 3 dollar 'bottom' to peak at 4.50 and then 4.30 area. and now it has retested the 3 dollar bottom and flirts with Failure at this bottom. and could plunge lower towards 2 dollars.

Was there no fundamental good news in the past year to bolster price above 3 dollars, above 4 dollars? GALT technical chart pattern looks very weak these days.
I appreciate any insight you can share.
Thanks.
Tom



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