That's what I thought 5 years ago. Profit is always just around the corner, except for James: he's made millions getting options at zero cost and cashing in ASAP. Where's his confidence in himself?
They don't seem to have a lack of customers but a lack of leadership.
Sentiment: Strong Sell
MOUNTAIN VIEW, Calif., March 12, 2013 /PRNewswire/ -- Based on its recent analysis of the breast cancer vaccines market, Frost & Sullivan recognizes Galena Biopharma, Inc. (GALE) with the 2013 Global Frost & Sullivan Award for New Product Innovation. The company's revolutionary product, NeuVax™, has the potential to address a huge unmet medical need for a breast cancer vaccine and provide significant cost-savings to both patients and governments.
Current APRI management recently re-iterated that ABT is fully committed and moving forward with the launch in H1 2013.
And the 600 million he's already cashed in will hold him another month.
Did I miss a profit? I just wish the company made as much money as Debello and the other insiders have awarded themselves for taking the company from $15 to $5.
There aren't enough Banks in the world for this company to make a profit, its been 5 years and the only one making any money is Debello getting hundreds of thousands of shares at zero cost and selling as soon as he gets them.