Replies to post #831 on Galectin Therapeutics Inc. (GALT)

[123tom]

Interesting comments Tesla.

I might look at the XBI instead of IBB, since XBI involves more small cap biotech. doesn't it?
I agree that the biotech sector has been making a pullback, and after a small rally now, we could see it pullback again in the coming month as well. and GALT has pulled back along with it....but the different individual biotech stocks have not all moved in such close correlation to the index that makes for a reliable forecasting marker. Some biotechs I own went up on days the index went down, etc.
I think watching the Index and ETF's can be a general guide, but for watching the specific stock ,I only look at the GALT chart and see what price action is doing.

I think the fundamental story is very compelling and very possible the public doesn't understand it well enough.

I miss Patrick's analysis very much. That's why I started coming here.

Today, at 12.13-12.25 was a good pullback to buy more ,IMO.
Even buying at 13 is probably ok too.