RE:RE:RE:Pub dateThis stock did a 1:20 reverse split in December of last year. It was trading at a low of about 1 cent through all of last year which would put it at about 20 cents post split (which is where we are today ...approx).
Since very few people have purchased at these levels, there should not be that many people willing to sell at a loss, especially with data due to be released in the next couple of months. I think this selling should subside as we get closer to the data readout but seems to be a lot of nervous sellers out there (typical in penny stocks).
The fact that a director of the company participated in a 2.5 million dollar debenture at 40 cents, should tell you that there is a lot of potential here, in and of itself.
I can't stand seeing my shares go down in value but at the same time, if it drops really low, it could be a great opportunity to load up.
GLTA