Galectin Therapeutics Inc. (GALT)

[BelizeBeachTrader]

Knowing when and how much to sell, I believe is relative to the size of your position and the current share price to expected price/time.
I have noticed that GALT's big runs have taken place over 2 days.
I am expecting good, maybe great results. My guess is the top comes in on the second day, I will be selling some maybe up to 80-90% depending on the SP. ( if bad or not so good sell first day, maybe buy back in second or third day depending on results )
They are planning to raise some more cash, so I believe you should have a chance to sell some in the first week and get back in later for cheaper. ( you never know though anything can happen under fast track. The reason for need for more cash I think phase1 will be ending early to start phase2 )

I think if good results you see GALT apply for breakthrough designation before the end of phase1




Quote:
Darwinian said


I guess I'm pointing this out because I've been thinking a lot about when to "get out" of GALT. It would be tempting to me to take whatever profits present themselves early on but I'd be afraid of missing out on later potential.