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NPS Pharmaceuticals, Inc. Message Board

  • dcaf7 dcaf7 Oct 11, 2013 5:08 PM Flag

    From Seeking Alpha today

    NPS Pharma slides, Cramer says sell some red-hot biotechs • 9:26 AM
    •It appears a large number of NPS Pharmaceuticals (NPSP) shares were sold Friday morning at $32 each.
    •The company itself was not a part of the transaction. According to NPSP, "these were shares that were held by Takeda that they sold to Jefferies in a block trade and Jefferies has re-sold the shares through its sales distribution network."
    •Thursday evening, Cramer recommended "ringing the register on pretty much any biotech that's smaller than $10B." Stocks mentioned: NPSP, ISIS, CLDX, ACAD, TSRO

    The item originally suggested that NPS Pharmaceuticals may have been party to a secondary offering.

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