I doubt that article is going to affect the large institutions who are accumulating the Q. If we go down it will probably be because the bio companies are having a bad day as a whole. Today was a good day as a whole.
According to ny1972home post, Q might up their guidance. I don't invest from message posts.
Are you serious? The Q could be going to 100 after earnings release. Or not.
NEW YORK--(BUSINESS WIRE)--
Retrophin, Inc. (RTRX)(formerly OTCQB:RTRX) today announced the pricing of an underwritten public offering of 4,705,882 shares of its common stock, offered at a price of $8.50 per share. The gross proceeds from this offering, before underwriting discounts and commissions and other offering expenses, are expected to be approximately $40,000,000. The offering is expected to close on or about January 15, 2014, subject to customary closing conditions. Retrophin also granted the underwriter a 30-day option to purchase 705,882 additional shares of its common stock.