Galectin Therapeutics Inc. (GALT)

[jgatsby101]

Any idea what is going on with this stock? I think I've slowly lost my mind over the past year trying to figure it out. It is like nothing I have ever seen and defies all logic. The stock got destroyed in a single day by extremely poorly handled public relations combined with a vicious short attack with the likes of Adam F helping. The basis of that attack has been proven completely and totally false and so the stock should have bounced back. The results since have been incredible, with expanding potential into other areas. The company has progressed the nash program with excellent results in humans (not just safety data from phase I but evidence that the drug works) and is about to start two phase II trials. The cancer trials are continuing (slowly, as Galt has little control over them) but the pre-clinical results were excellent. Psoriasis phase I is starting soon, the potential there is huge. Funds have increased their ownership in the last quarter. From the trading it appears that someone has been relentlessly manipulating the stock down with hundreds of 100 share trades, just walking it down a penny at a time.