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Galena Biopharma, Inc. Message Board

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  • tradingexpert4me tradingexpert4me Dec 7, 2012 9:08 AM Flag

    SOLD the NEWS at $2.38 and thank all you buyers :-)....Now further DILUTION is next here.

    Ahn is so predictable here. I indicated he would announce final data in order to move the stock higher before he announces the next STOCK DILUTION.....

    It's not a matter of "IF", but when Ahn raises more cash here. Last offering was at $1.50 per share. I suspect the next will be around $2.00 per share "ONLY" if the stock is trading near $2.50 per share, or higher. Expect a minimum drop of 25% in share value on next STOCK DILUTION.

    RG

    ps. Ahn just ran out of upside catalysts, until PH III interim this time next year.

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GALE
2.92-0.02(-0.68%)Jul 28 3:59 PMEDT

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