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Galena Biopharma, Inc. Message Board

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  • nowwheretogo22004 nowwheretogo22004 May 7, 2009 1:12 PM Flag

    S-3 Filed ( now RXI registering Cytrx shares )

    The S-3 is an offering to sell $30m worth of new shares. CYTrx is offering some of their RXI shares as a secondary offering.

    Kriegsman watch
    Sold 5,500 shares on 5/5/09 for 4.18 a share
    Sold 4,051 shares on 5//6/09 for 4.42 a share
    At least he is down to 77,322 shares now.

    If a BOD member is dumping at these prices, I don't understand why anyone else would be rushing to get in. I guess once they get the $30M in cash, that will be great, but what price do you think they will sell at.

    If you really like the technology as I do, just wait a while before you buy.






    So, if a BOD member is dumping

 
GALE
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