Galectin Therapeutics Inc. Warrants (GALTW)

[biotech2010]

GALTW is an excellent way to leverage an investment in GALT.

The basics are simple:
-GALTW has a strike price of $5.63
-GALTW expires in early 2017
-GALTW trades on NASDAQ in the same manner as GALT although trading volume is typically much lower than GALT

GALT current trades at $13.40, GALTW about $8.30-this means there is only a $0.53 premium on GALTW.

If GALT goes to $20, it will be about a 50% increase in share price; with the same move, GALTW will increase to $14.37, that is over 75%.

with a GALT move to $30 (125% increase), GALTW will increase to $24.37, almost a 200% increase.

I have held GALTW exclusively since the reverse split in March, 2012.