Galena Biopharma fka GALE

[Euripides90]

When BigBoard stocks like this split there's often a honeymoon period where there's a rise, and remember it was upto .035c just 2 weeks ago based on presentation of latest data which was well received, so I"m not so sure it can be written off, there's often also a period of driving down PPS as low as possible pre-R/S to get in on the floor -- and with the history of management driving down the price time after time by dumb actions and under-pricing public offerings, yeah this is a shorts' fave.

Dropping below the LOY of .026, breaking that resistance, not good.

I'm still hoping for a buyout -- Roche has invested a lot in the trials of the joint product which is NOT being tested blind, but with its cash burn Galena and dropping Market Cap Galena has lost its negotiating cards.
Still, this company isn't worthless and @this price, lowest on NASDAQ,
there are rumors of behind the scenes negotiating with Schwarz leading...

AT 10% of what it was pre-June fiasco halt it's worth the crap shoot.