Strong volume but liitle price change at close = shorts and day traders are selling to and buying from each other.
The information I read indicated the Herceptin trial was essentially a Galena project with minor asswistance fromj Roche. I hope that is not the case. Do you have any further info?
Tuesday volume down by a third (1 million shares). Appears to be shorts selling to shorts to attempt to bring the price down. Doesnt appear to be many longs willing to sell at this price level. Not enough sellers for that to have an impact.
I am astonished that so many people spend so much time because they are concerned that my long position will ultimately cause me to loose money. My, how altruistic can you guys be. Please dont concern yourselves any further. I understand that investing is a risk vs reward proposition. Perhaps your altruism could find better results by donating your time and energy by volunteering for the less fortinate in your comminties.
I don't think it's the lawsuits, I think it is the reasons for the law suits. They tricked some big guys and they didn't forget.
I am long for 4 plus years. While I hope gale surges, I have a problem with many of the projections of value. Gale like all products and services is worth what someone is willing to pay. Roche has current data via the herceptin trial, they have the cash on hand. An offer right now in the low teens would have a respectable chance of being approved (imo). Why has no offer been made? I am not trying to be negative here. Who has an idea why??
Then the maximum recurrence in the vaxinated group at interim with 70 events would e 21.