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Continue declining w/o any resistance in past 10 trading days......Retail investors keep buying but we don't see what we expect.
A bad week for our favorite biotech securities....We never know how management is doing.
A disappointing day. We might have to do more DD on Abstral Sales. Longs always don't want to hear anything negative. We might be wrong? Very wrong?
Interview with CEO last night
http://seekingalpha.com/article/1992111-galena-read-decide-invest?source=yahoo
Interesting! By 12:15pm, the volume is even less than that in 1st minute yesterday!
Actually I don't know if I did right. TheStreet has media and funds. They can do whatever they want to do till Abstral and/or NeuVax data comes out.
This world is so crazy.
The reason I added is under such a huge discount compared 2 weeks ago and RIS is only 16 (oversold).
I am might wrong, always wrong and I have been paying for it.
I don't think it will be any assistance. PPL don't believe such upgrades but bashers.
Mojo, what news you are talking about?
I am holding long, REAL long.
Add 5K at $4.16
I purchased GALE for real long. I am lying if I say I don't care current PPS. However,I trust and respect my own DD.
I can simply sell my position and take the profit now but I won't.
But I must congratulate for shorters. They are genius! Great timing!
For me, gaming on Biotech is win all or lose more.
Per phone conversation:
1. Fundamental did not change, very great;
2. Abstral prescription increases every week;
3. Management is preparing for fighting back, no late than next week (conference next week on webcast).
Please call management if you have concern.
Remy just called me but told me will call back shortly. Hold tight! I think management will response.
Nobody can save GALE but FDA......Experienced too much in last 3 months and my life got annoyed even I still have some gains.
Anyone would like to email GALE for explanation for those "false" statement from analyst-called? I am still waiting for response about insider selling.
You made you statement. I worry more MICRO. Broad market is real killer.
Today's move is not bad. Management have to respond now IMO.
We will send management to court or send bashers to hell.
We buy stocks for future P/E not current. Otherwise Amazon's market value should be $2 billion not $160 billion.
Interesting Monday with mixed news of Shelf Registration and Jacobus Explosion.
I am fine with average $2.10 cost. So many articles with positive idea did not boost GALE's price, why one negative will bring significant impact on the price?
I believe if there is very bad news coming out in next few weeks/months, all those directors will involved in lawsuit. But I really don't understand why the intensive insider selling happened in last 2 weeks!
I asked Remy to explain conflict btw CEO's statement on CNBC and insider selling. I don't expect much but we'd better do it.
Any regulation to confirm your statement "They exercised options. If there was a sudden take- over those options are worthless"? Thanks.
Hi BD. We are talking about GALE takeover possibility. If there is a takeover, director's options will expire if they don't exercise and sell? Or they can still do it before takeover completes?
Anybody know if any options have not been exercised? I think CEO's 600K options is not exercisable until 02/22/14?
If there is takeover coming and all options have been exercised, the pps will rise sharply before the takeover is announced.
Never see so many negative news coming out in a short term. I emailed Remy regarding the heavy insider selling. I don't expect an explanation meeting my expectation but I just did. Should have a response on Monday.
It seems date, price and shares are pending. And PO might not happen soon?
What is the price? What a January!!
Give up such an announcement, but don't give up CPRX!
Call me crazy! Bought 30 contracts option at 0.65 for strike 5, expire on 02/22. Still believe in GALE.
somebody just doesn't want GALE to go GREEN?
Non-stoppable selling, from retail investors and insider.....Any MM too?
Come On. OTC? You'r kidding me?
Ooops! Haven't got the email yet.
CNDO is disappointing (it just drops regardless broad market). OK we may say the volume and 10% drop is nothing.
GALE actually doesn't look good too to me. Sell more and hard and buy less and soft....
I am out of capacity to watch my portfolio (only 4 stocks). How can you manage so many......?!
Wish a run for CNDO and CPRX in late afternoon.
It is good for Pro like you. I am witnessing this.
I noticed it yesterday AH. I treat it neutral. Director is changed and bunch of options were granted for exercise price $2.7.
Damn! I searched PHIL and got nothing. I should have named "GOOG"!