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Galena Biopharma, Inc. Message Board

  • la_lost_boy la_lost_boy Feb 14, 2014 12:14 PM Flag

    Gale traded between $1.80-2.30 for a large part of 2013, before the pump machine started

    With very little support down to those levels, I would nt be surprised if that's where we land.
    Confidence in management and their honesty is a very hard thing to regain once it is broken.

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    • We've come full circle.
      It's almost back where it belongs.

    • Hate to say I told you so, but you know I did.
      I said class actions galore and they did..
      I said SEC investigation, and they did.
      I get accused of being short, and have never been.
      That being said, I am actually looking at buying back, but not just yet.
      I still think we have another $.15 to $.20 to drop before bottoming..

      I would be happy to see the company get rid of some of the bad apples as a sign of change to restore some confidence in its leadership.

      Over the long run I think their products are sound and their pipeline is rich.. In the short run another 10% drop would not surprise me in the least.

      By the way check the date on my original post.. We were double what we are now.

      Sentiment: Hold

1.220.00(0.00%)May 5 4:00 PMEDT