This inordinate amount of bashing articles is starting to have another, totally different feel about them.
If the intention was only to manipulate the market in order to play the usual shorting schemes, it would have stopped by now.
The continued attacks no longer fit shorting patterns.
My analysis at the moment is:
Someone wants to acquire Galena but, for some reason, can not make their move immediately. As such, they are paying either directly or through proxy to do whatever it takes to stop the price from rising.
I don't see how people think Gale wants to sell out. Have I been the only one watching the moves management is making? They are awuiring other companies as well as getting patents in different countries. They are making big deals with other pharmas and selling Abstral. This to me says Gale wants to be its own big pharma. No reason to sell out when interim data comes out good.
Big Pharma buy successful companies.
Big Pharma buy profitable companies.
GALE is neither.
A few $100M is pocket change for Big Pharma.
Your theory is that Merck or Pfizer or Roche or some other Big Pharma is behind the the drop in the pps of GALE and it has nothing to do with the incompetent management team?
Didn't Ahn previously run Hana Bio into the ground?
Has there ever been a case of a Big Pharma company conspiracy to drive down the pps of a tiny bio to save a few nickels?
If GALE were valuable, there would be a bidding war for it and GALE would receive full value or more for its shares.
Your so called analysis is putting your stupidity on display.
Let's flip logic on its head.
The DreamTeam did a masterful job of brainwashing you.
I suppose that after an 8 month barrage of DreamTeam pumps you actually believe them.
It's called the Patty Hearst syndrome.
By that logic, the "Patty Hearst Syndrome" can also apply to any one who believes a bunch of BS lawsuits/investigations filed against GALE. Hey, if lawyers are investigating, GALE must be guilty, right?
Better check the other stocks you own for contact with the Dream Team or other similar groups. Dream Team is out there and used by more companies than you might think. With the suit filed against GALE and what I have found about Dream Team I would hope that GALE looks to them for being responsible for a majority of what has happen here. The documents regarding the stock sale will tell much. My personal thought is that even though the timing of the sale was unfortunate they will need to prove that GALE was aware of the violations Dream Team was making. Company after company hire groups to promote their business and get the "good message" out. Very common practice.
Yes, quite interesting...
We see how it runs on these next trading days. If it is just the "pump/short" game, the articles will invert tone by now, since the charts indicate that, at the moment, there's more money to be made on the upside than on a clearly resisting down trend.
If it does not happen, something more than MM is afoot.