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Karyopharm Therapeutics, Inc. Message Board

  • pennystockkilla pennystockkilla Jun 30, 2014 3:40 PM Flag

    Underwriters making good money of the sheeple today

    Underwriters exercised their full option today to purchase 400k shares at $42.50. Looks like they will get rid of 3/4 of that by close in the $45's and $46's so they made some good money here.

    Once they are done making money and manipulating the price, this thing is in for a world of hurt. Sorry, but I dont know of any stock that goes up on air and permanently stays there. This thing is a $1.5B m cap now if you include dilution.

    Given the overpriced nature, the CEO's history of liquidating/bankrupting companies, plus the lack of any revenue or approved drug for market, this thing is going down down down. Maybe not today or tomorrow, but soon.

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18.70-0.28(-1.48%)Nov 30 4:00 PMEST