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Wow, overwhelming! 1.2MM shares in last 1.5 hours and put PPS 10% down?
IBB lost $4 from its day high. Biotech is pissed off again.
GROUP ONE TRADING, L.P. added 545K shares in 1st quarter.
We might have 2nd day with trading volume below 2MM in past few months. It is not bad to me at all.
Any opinion on the chart? Can GALE safely cross over $2.7?
Closed in GREEN! Oh Yeah! Hopefully today is a new great start for GALE.
Do we need hold above $2.54?
Hedge fund shorts already covered IMO. Retail shorts are being cooked. I don't think massive coverage will happen is next few days.
Volume is really pathetic after 1st hour.
The "GREEN" tells us that the report is positive.
No surprise at all for me in all aspects. In general, it is a good report. Good for long.
2nd quarter Abstral Sales might be $3-3.5MM.
Key word: Litigation, SEC investigation
If SEC litigation is done, 20% up tomorrow.
PPS is slowly climbing up. No Panic so far. Waiting for litigation status.
Where you found? Is it true? No news yet. And AH is so quiet!
3rd quarter sales $1.2MM and 4th quarter is 1.3MM
Last Year $2.5mm not just last quarter.
Don't expect much after 4th quarter last year. Ready to set a sell?:)
Let's guess:
1. Abstral Sales: $2MM
2. Pending SEC investigation not finished yet
3. Operation loss: $10MM
4. Cash on hold:$50MM
Are you going to be one of them? Buy or sell?
Volume is higher than what I thought.
There won't be any surprise on Earnings. You may see net income instead of loss due to warrants adjustment and option expense but operation loss should be $8-10MM.
Today's drop is much about Biotech section. Today's volume is about 2.5MM if nothing happens in last hour.
Don't you?
Very interesting. Strike $4 looks pretty active too.
Today's volume so far is ridiculously low right before the earning (loss) report! Or it might pick up in PM?
Any news from law firms? Give us some fact?
Very funny! Today's pre-market low was $2.2.
Are the law firms going to work until 12AM today? LOL
Get ready for tomorrow and Wednesday? Who will be chopped? Shorts or longs?
Most directors' option is at price of $3.88 now. I don't think we will see another management sale before reach $6.
Understand! As Boodog said, GALE doesn't need babysitter anymore. It will go where it should go.
I mean you answered my question so late! No, I did not touch option this time.
Short squeeze is starting IMO.
Bad timing man!
So far looks nice. Volume is good too.
Blackrock added over 600,000 shares in 1st quarter. See nasdaq.com. Shorts' nightmare!
You know I am long and you know the option expense is 1st quarter might reach $10MM to 15MM. But on the other side, fair value of warrants will be adjusted. A report with lots of mixed information is coming.
Hi STBS, do you think GALE can break 2.54 today?
Same story as last couple days. We are fine.
Lowest volume in past couple month. Let's see how it close.
If we all do the same, that definitely helps.
I guess today's volume will be below 2MM and we close above $2.4.
Shorts try to set up the tune. They are trying to cover at low cost IMO.
The fact is "we gained 17 cents from $2.28". Encouraging!