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Galena Biopharma, Inc. Message Board

  • rmsacc rmsacc Jan 18, 2013 1:03 PM Flag

    If I wasn't low on ammo............

    I'de be backing up the truck right now....................

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    • I think you are being humble Rmsacc .

      Do not feel offended because I am trying to be sarcastic here.

      Why don't you post scary messages here and "short" the mother on Gale? You do not need ammo and may make a few dirty dollars on Gale!

      But, of course, I know that you are a decent person and will never do a thing like that, right?

      Have a wonderful weekend and happy investing.

    • Just some thoughts: being low on ammo is one factor, having loaded up with what i already consider to be "too many" shares is a further consideration. And that's why i've been buying the "in-the-money" $1 options as they are made available at the lower prices. Additionally, and granted this is just a gamble, i was able to fill 73 Feb $2 Call contracts at $.05 just before today's close. Of the 73 contracts, that's a foolish toss of $365 plus a little for commission. Chances are about 50/50 that i'll lose the whole lot. BUT, if GALE does manage to exceed $2 within the next month, these little babies (remember, i swept them up at just five cents) could be worth a nice Pop!. Additionally, i also purchased a few "in-the-money" $1 April Call options at $.75 each. NOTE: there's no added premium in price between the Feb $1 and the April $1 Call options. That's totally NUTS! Time has Tremendous value insofar as what you would normally expect when dealing with options. Conclusion: if you're set up to trade options, if you're willing to take some high-risk positions, then at least keep an eye on these that i've mentioned. Because the GALE options trading does not, IMO, possess much of a "sophisticated" audience, we're apt to see continued "deals" on them. Finally, whomever is "selling" these same options may have a very firm conviction as to the potential FAILURES of GALE, in which case the "seller/s" have no worry about what they're selling insofar as these GALE Call Options go.

    • I have ton of amo and I am easing truck back in...keeping powder dry for further averaging down, but have enlightened today to feel good if we pop

      Sentiment: Buy

2.15-0.05(-2.27%)Aug 22 4:00 PMEDT

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