With Shkreli Spike, KaloBios Pharma (KBIO) May Be Overvalued by a Factor of 4

Go back to With Shkreli Spike, KaloBios Pharma (KBIO) May Be Overvalued by a Factor of 4

Macrocure (MCUR) Ramps Higher

November 20, 2015 10:47 AM EST

Macrocure (NASDAQ: MCUR) shares advanced Friday, rising 50%. Some traders tied the moved to recent gains in KaloBios Pharma (NASDAQ: KBIO) and Macrocure's 'thin' 6.2 million share float.

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Shock of Epic Short Squeeze in KaloBios Pharma (KBIO) Reverberates Across Wall Street

November 19, 2015 1:36 PM EST

The stock being talked about the most on trading desks today is KaloBios Pharma (NASDAQ: KBIO). After closing at around $2 per share, shares surged to as high as $21.05 (+953%) following a disclosure after the close from Turing Pharmaceuticals' Martin Shkreli, a man demonized for jacking up drug prices, that he accumulated 1.2 million shares.

$2... $4... $6... $10... $12... shares keep climbing as short sellers were left stunned.

You see, just... More

KaloBios Pharma (KBIO) In Discussions with Shkreli Group About Continuing Operations

November 19, 2015 6:22 AM EST

KaloBios Pharmaceuticals, Inc. (Nasdaq: KBIO) announced that it has been informed that an investor group comprised of Martin Shkreli and associates together have acquired more than 50% of the outstanding shares of KaloBios, and that the company is in discussions with Mr. Shkreli regarding... More

Anthion Partners II Buys ~700K Shares of KaloBios Pharma (KBIO), Adding to Madness

November 18, 2015 5:39 PM EST

In addition to the Martin Shkreli buys on KaloBios Pharma (NASDAQ: KBIO) disclosed after the close, Anthion Partners II disclosed it bought 713,726 shares on 11/16 at $1.26-$1.76. Shares are up 700% after-hours.

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KaloBios Pharma (KBIO) Pops on Shkreli Insider Buy

November 18, 2015 4:25 PM EST

KaloBios Pharma (NASDAQ: KBIO) ripping higher as Martin Shkreli purchased shares.

Shkreli disclosed buying 1,211,115 shares from November 16, 2015-November 17, 2015. Prices paid ranged from $0.61-$2.43.

On November 13, 2015, KaloBios announced that it will wind down its operations and that it has engaged the Brenner... More