r/SmallStreetBets - 2025-07-08 02:45 - Score: 2 - Comments: 4
$GLMD The setup is clean, the catalyst is close, and this might be the biotech sleeper of the summer
GLMD is trading just above $1 right now, and it’s been quiet but not for long.
A big catalyst is right around the corner. They already signed a non binding agreement for a merger or acquisition, and based on the timeline, the definitive deal could land any day now. Technically, the chart has reset. The moving averages have cooled off, volume is starting to creep back in, and the float is small ...