I have my suspicions that UVXY might not exist in Jan '17. The "Establishment" will go to many extremes to keep the market bubble from popping.
You were better off buying equities that the liberal establishment loves like TSLA, AMZN, and FB. They all snap to attention when asked, and are richly rewarded for doing so.
The idea is to slowly boil the frogs in the pot. In the end, the goal is to destroy capitalism as we know it. Remember - "You didn't build that"
I reside in the Dulles corridor area of northern Virginia, home of many Govt. contractors. I see more vacant office space today than in the past 25 years living here.
You're right. KBIO was bought to use as a Shell Co. to channel over-priced drugs to consumers. The cheap Nasdaq listing is all Shkreli desired. This penny stock will soon be worthless once again. Whatever money KBIO has left will be tied up in countless legal claims.
I thought just yesterday there was a 10.X million share float & about $5.X million in cash.
I wonder if they needed the cash for the Mayo Clinic testing.
Really depends on a positive press release from the Co. $10-15 seems lofty but you never know.
Look for price to gradually climb and pop big during Global Climate Change conference in early December.
Global Climate Change Conference starting at the end of this month in Paris should give all renewable energy Cos. a pop.
Have you contacted SUNE Investor Relations concerning this? If true, there has to be some Top Dog investors with financial underlings who have researched this, and are deliberately keeping it quiet until they accumulate a more sizeable position at a much lower price.
$5.80 ish now, wonder where it'll be in December?