Basic questions to ask yourself…
Are they a fully reporting company?
Do they have a specified business plan?
Do they have immediate access to capital?
Does the stock have a consistent volume and liquidity?
And, most importantly, does the company's management communicate to shareholders on a regular basis?
Can you eat $20K and it not affect your life negatively?…That's the true question? Don't look at the hypothetical $200K, look at yourself now and know your limits…Then invest.
All or most mgmt./directors cashing out their restricted options and another director buying 20K in common stock…and a tepid reply to SH…Look up ASTX. Same law firms complained. GALE will be bought at a (relatively) cheap price.
Yahoo message board BS aside…GALE mgmt. has to know they've created a $%# storm…I hope they get it together and make a REAL response.
In general, in the business world, as a public company...THIS IS NOT A GOOD THING! Insiders don't usually recap their own company if things are going well. God.
I want to see this posted in a respected publication or on the Galena website itself (can you provide a link?)…Otherwise, this is all hearsay. Again, I am a long and follow this company very closely, but the managerial inconsistencies are becoming too great to ignore. As a shareholder, I want the REAL truth.
This is a #$%$ post. Please provide a link…Mark Ahn, Ph.D. needs to make a REAL statement or their company is going down.
DDRANTE is a sociopath. He is a cancer on this or any other board,. Ignore him and do your own research.