Martin Shkreli under securities fraud investigation:
Article published 1/8/15

http://www.bloomberg.com/news/2015-01-07/retrophin-founder-said-probed-on-possible-securities-violation.html

Shkreli, who previously managed hedge fund MSMB Capital Management LLC, has faced criticism of his trading. In 2012, Citizens for Responsibility and Ethics in Washington, a watchdog group, asked U.S. Attorney Preet Bharara in Manhattan to investigate whether Shkreli manipulated shares of biotechnology and pharmaceutical companies by badmouthing them in order to drive down prices.

The group claimed Shkreli made postings on the website SeekingAlpha.com that spread “unfounded and inaccurate rumors about drugs owned by companies he was shorting,” and that he “inserted himself” into the Food and Drug Administration approval process for pending pharmaceuticals.

Betsy Feuerstein, a spokeswoman for Bharara, declined to comment on whether Shkreli was investigated. Stephen Santulli, a spokesman for the watchdog group, said in an e-mail that the group didn’t hear back after making the request.

According to an April 2014 profile in Bloomberg Businessweek, Shkreli, the child of working-class immigrants from Albania and Croatia, grew up in the Sheepshead Bay section of Brooklyn. As a college intern at a hedge fund formerly managed by Jim Cramer, the host of CNBC’s Mad Money, he made a name for himself by successfully recommending the short-sale of a biotech stock, according to Businessweek.

Retrophin focuses on the development, acquisition and sales of therapies for treating rare and serious diseases. It transitioned into a publicly traded company through a reverse merger with Desert Gateway Inc. in 2012. The company acquired Manchester Pharmaceuticals LLC for a total of $62.5 million last year.

To contact the reporter on this story: Christie Smythe in Brooklyn at csmythe1@bloomberg.net

To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net David Glovin, Andrew Dunn

Anything new happening? I still have 185k shares hanging in my portfolios just in case. Portfolio reads BCITOLD.

This really stinks that people/groups/organizations can get a way with such dirty and underhanded scheming. On one hand I wish I could have seen it coming but on the other hand, I'm glad my brain doesn't work that way.

Glad to see the board still active!

Fabulous last couple of days for IMSC! Looking forward to 2015 and 2016. Smiles!!

Heavy buying into the close.

Hello everyone.

New to the DECN message board. What sort of financing do they have? How many shares and what's the float?

Thank you in advance.
3BB

From Investorvillage board

IMHO

IMSC is a dollar stock. That in itself presents a lot of hurdles for large scale accumulation, which is required to move the pps. As a dollar stock, it is more likely to be traded than accumulated. So, you see upward movement when news is imminent, then a sell-off when the news is released, even though it may be good. These guys are not long term hold 'em investors. They are short term momentum players. It's a frame of mind that is foreign to most of us, who find a stock we like and tend to hold till the bitter end. So, what will drive up the price? Sales and revenue numbers. The frequent PR releases give us a hint of what is going on, and they may provide some appeal to other investors looking for a cheap stock with good long-term potential. But they don't mean much to the folks who have the ability to move the market. So, you had best resign yourself to holding IMSC as a long term investment. But, terrorism is not going away, so security measures always will be needed. If there is another attack involving aircraft or other forms of transport, God forbid, IMSC will suddenly become a household word. If you have applied some sound DD to your investment in IMSC, you should feel confident that they have put together a solid game plan. Once we see improved revenue numbers, the pps will go up. Once the pps goes up, others will become interested. Maybe a BO offer. Remember, patience is a virtue. In this case, it's wise to be virtuous. . .

Can someone please help me understand why the pps is so far down in the tank? Just doesn't make sense with everything they've accomplished and all of the opportunities before them.

No..."critical" in general terms means a point in time that is crucial. Capitalizing on the opportunity before us (IMSC) is crucial "critical". I believe he meant that our company is not to take anything for granted that we have an "easy in". We (IMSC) must continue to work tirelessly and vigorously to achieve what we are trying to achieve. Do NOT take anything or any opportunity for granted.

Critial - do not take for granted....work hard for what you are trying to achieve....critical

GLTA
3BB

Yes, I firmly believe that is exactly what is going on. Retail investors would never be trading in 100 block increments. Paying broker fees alone would be killer! I am long on the stock though. Guess my horizon has gone from 12-18 months to 36 to 48 months. Solid revenues and additional products approved will be the saving grace for NAVB

GLTY
3BB

This stock is so manipulated. Daily trades have nothing more than 100 trades repeatedly throughout the day...every day....day after day. Will it ever see it's potential share price?

Does anyone know what "burst basket" means. On the trades page it is the "type" of trade....but what is it and what does it signify?

Thanks

Question: All of the 100 share trades are NOT retail buying. Has to be mm manipulating...

With the sell volume higher than the day's buy volume, coupled with the trades intended to manipulate, no wonder we lost .11. I imagine that most of today's trading was NOT true retail or institution trades. Until we start seeing solid sales gains I'm afraid this is what we will continue to experience. This is a true long term holding!

Good morning. I definately was't expecting a drop to happen this morning. Any thoughts, insight or speculation as to what's going on?

Strong volume going in to the close and interestly, in to the weekend. Great sign!

Strong buying going in to the close and interestingly, in to the weekend. All positive signs!

Has anyone else noticed the .pk is no longer necessary when entering stock symbol into yahoo finance? Does this mean we're no longer pink sheet and have moved to a higher exchange?

Hi invest2win. Weren't you in on BCIT?

EOD upward move was on heavier volume..usually indication of positive news leak rather than general accumulation.

How big of an step forward is this event?

Thanks
3bb

Sitting on the sidelines and wondering "don't the lower gaps from last weeks run-up still need to be filled. Looks like the initial gap up at the .30 cent mark still needs to be filled plus one at 50cent. What are the thoughts on lower gaps filling or are we so parabolic they don't matter??

Thanks for any insight.
3BB

Yes...very nice news. Looking forward to NAVB 2012.

Any thoughts on the 65k and 13k sells at the EOD for $2.98? I'm long and holding...just took me aback....

Oh yeah..what about our BVIG shares? What happened to those?

Anyone have any thoughts on when or if ever will this company have any value for shareholders. Value other than from swing or day trading it?

thanks in advance.
3bb

When I originally invested in this company, for all purposes it appeared to be a truly legitimate investment. Needless to say, that was years ago. When are the people that "be" running this company going to be concerned at all with company value. Doesn't appear to have any.

Really? My brokerage only margins on $4 and higher pps.

Once $4 is solid again...we should start to see cummulation compounded as ppl will start to buy on margin.

Nice 66k share AH trade.

An intended back a##ward comment. It simply amazes me how this sort of crap manipulation is allowed and tolerated by seemly "everyone"....rather, almost expected. It's pure BS!

This guy is "f-in" comical. Such a shame his article (imho) was capable of playing such an influence in the stock's share price.

Neoprobe: Why I'm Closing My Short Position 1 comment | by: Martin Shkreli August 5, 2011 | about: NEOP Font Size: PrintEmail Recommend 0 Share this page
Share inShare0I am closing my short recommendation for Neoprobe (NEOP) at $2.00. I think the risk/reward of shorting NEOP is not so favorable as to initiate a short. I still think the stock has more downside. I have material concerns about the study design and study results of Lymphoseek.

I also think sales of Lymphoseek will be tiny. However, I cannot in good faith recommend shorting Neoprobe to you at this price. I do not think being long makes sense, either, however. If I found myself in a position where I was long Neoprobe, I would sell and move on to my two other published long ideas: Biomarin (BMRN) and Chelsea (CHTP).

Neoprobe was $5.25 when I submitted my article to Seeking Alpha. Today it is $2.00, a decline of 61%. I believe in all of my other published ideas and will inform you in this manner when I "close" them. Hopefully, this way, I will build an online "track record" for you, the general public. I am not perfect and I will make lots of mistakes. Picking stocks is a journey for information and opinions and together I think we can succeed.

Disclosure: I am short NEOP.

Additional disclosure: I may change my position at any time without notifying Seeking Alpha.

What's up with AMAG...? Saw article headline but I don't have subscription so could not read the article.

NEOP officially added to Russell 3000

http://www.russell.com/indexes/tools-resources/reconstitution/reconstitution-changes.asp

Whoah!!

thanks trishy....

What's the certainty that neop will be on the list?

Any thoughts on what time the Russell announcement will be? (a.m. or p.m. release?)

Yes...a BIG Pr!ck!

PPL on margin have maintenance calls to cover if the close is still below $4...any thoughts.

Martin is a real A##H#ole!

Thoughts...does anyone feel like we'll get a close today above $4?

Went to the link, but said page not found...what news is out???