Both P/E's are still under 10 despite the underwhelming earnings....no?
This was the most obvious short ever unfortunately retail traders in most cases could not get the shares based on the tiny float and Shkreli owning a big chunk of them.
I would this will be under a buck if it even trades again. OTC is where it will be if it does and Shkreli is heading to Federal Prison where he belongs. He will be Bubba's #$%$ in 2016. I wonder how buyers of KBIO above $20 feel about him
Each time they get one or more it pops then gives it all back and more. The P/E's are too high for the different market we are in. That seems to be the problem it should have rallied to $18 today when the market popped early here on Tuesday. This is heading to $15 my guess within weeks.
Trash. IEP continues to make new 52 week lows almost every day and it makes sense since almost everything he owns is trash. Market down 24 and HTZ down .65 near the low. I guess tax loss selling is not done here.