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6/17/2025, 11:53:29 PM
>>22835871
GALT was up 60% today. There doesn't seem to be any actual news, but there is a lot of speculation going on about potential for a buyout. The chairman (billionaire who owns most of the company) has a lot of notes and warrants that will need to be converted in the next few months, and GALT's last quarterly update only stated a few months of funding, so they're going to get some sort of financing at the same time. They recently released data, and followup long term data was supposed to be coming out now, but hasn't, which fuels speculation that they're negotiating something first.
I was looking to buy more in the 1.20's, but that didn't fill, so I'll wait and see how this turns out. Can't make a recommendation on what to do at this point, other than get popcorn and watch the volatility.
GALT was up 60% today. There doesn't seem to be any actual news, but there is a lot of speculation going on about potential for a buyout. The chairman (billionaire who owns most of the company) has a lot of notes and warrants that will need to be converted in the next few months, and GALT's last quarterly update only stated a few months of funding, so they're going to get some sort of financing at the same time. They recently released data, and followup long term data was supposed to be coming out now, but hasn't, which fuels speculation that they're negotiating something first.
I was looking to buy more in the 1.20's, but that didn't fill, so I'll wait and see how this turns out. Can't make a recommendation on what to do at this point, other than get popcorn and watch the volatility.
6/17/2025, 1:40:51 PM
>>935890477
SMARTBRAVETHIEFCATMEOWANON!!!
SMARTBRAVETHIEFCATMEOWANON!!!
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