/biz/ - Business & Finance

GALT's current market cap is 160 million. They have a drug that could be used in NASH, Cancer, and a shitload of other indications.

Piss on it all you like but its a powder keg waiting to blow up. Pic related is their founder and a board member resigning from another board in order to do exactly what he said.

Since he wrote that they've let the share price drop intentionally and then held a rights offering in which Dick Uihlein alone bought 20 million worth at 4.28. He also exercised 5 dollar warrants.

The short swing rule of insiders not being able to profit from insider buys is six months. That rights offering and massive insider buys was six months ago.