Form 4 KALOBIOS PHARMACEUTICALS For: Nov 16 Filed by: BIESTEK MAREK
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Shock of Epic Short Squeeze in KaloBios Pharma (KBIO) Reverberates Across Wall Street
November 19, 2015 1:36 PM ESTThe 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
Marek Biestek Bought 200K Shares of KaloBios Pharma (KBIO)
November 19, 2015 12:47 PM ESTMore insider buying was just disclosed on KaloBios Pharma (NASDAQ: KBIO). Marek Biestek bought 200,000 shares from 11/16-11/17 at $1.36-$1.83.
Marek Biestek is a member of a "group" - likely the Martin Shkreli group.
... More