They will put the data together and report it before the end of the second quarter. Until that analysis is out, we really don't know how well Nauvax is doing in the trial so far. We have educated guess, and speculation but until the analysis is done it is all a guess. Why do you think the stock would shoot up from here a lot?
They wrote "NEW YORK (TheStreet) -- Shares of Galena Biopharma (GALE) are climbing by 8.49% to $1.15 on heavy trading volume Tuesday afternoon, as the San Ramon, CA-based biopharmaceutical company said its phase 3 clinical trial for NeuVax achieved the 70th qualifying disease free survival (DFS) event."
We were waiting for the 70th event, or re occurrence of Breast cancer.
They have to see and review the data first. The results will be out by end of Q2
Why? They don't need capital right now... They will raise money with the news of Nauvax is good and has pushed the price higher.. Maybe the end of the 3rd or 4th quarter.
It shows accumulation in a big way that is trying not to move the market. The bid has had large blocks on it all the way up the last few days.
So you think you are smarter then people like Dr. Peoples and others? Multiple doctors on this CC and they all seem to be on the same page as to why the study is the way it is and what the study is trying to prove.
24,400 BID and over 43,000 went through at the bid and did not even budge that number.
showing on the bid. More then 5 times what was showing ended up going through there. Feels like someone supporting the stock price.
why do you care what we invest our money in? You are not convincing anyone and there is no financial benefit with trying to influence anyone on here.
We will need more cash tho going forward... That is just a fact. Hope they raise at a much higher price...
Very impressive for sure.... These bashers on here are missing the big picture. Trial and error has brought us to this point.... Thomas Edison failed 1000 times before he invented the light bulb, each failure contributed to the ultimate successful design. A design the we used for a hundred years.
The key tho is if the study is successful and he even pointed that out.
I would not get to excited about 366 shares going through at 1.23, not going to influence tomorrow much.
3 lost went through
16:03 $ 1.23 66
16:02 $ 1.23 200
16:02 $ 1.22 100
and then when some real volume came in we went back to flat.
16:44 $ 1.15 13,185
16:39 $ 1.15 4,030
16:36 $ 1.15 7,432
Volume for that option is now showing 5213. I run TOS real time so can't explain why the difference.
Look at the other side of that trade. Why would you agree to sell your stock at 4.50 a share in 8 months. IF we are that high in 8 months that means we got some good stuff going on.
The volume today for the Jan 2017 4.50 Call right now shows 513 contracts or represents 51,300 shares.. Open Interest is 57,777 which represents 5,777,700 shares. Not sure where you are looking to see that kind of volume.
I posted this open interest number 20hours ago
Open Interest 22,618
Right now the Open Interest is at 57,777
has doubled since yesterday.....
They can't print money like they used to without harvesting all those sell stop orders they used to advise their clients to use.
Fist we close above the 50 day. Then we confirm the movement and close above the 100 day. A good base has been formed and it looks like real buying has come in. Sure helps that shorts don't have stops to harvest any more.