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DewDiligence

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DewDiligence

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Re: biocqr post# 184723

Tuesday, 12/16/2014 11:09:28 AM

Tuesday, December 16, 2014 11:09:28 AM

Post# of 253249
BLUE sells 3.05M* shares @$85.00, raising $244M(!)*:

http://finance.yahoo.com/news/bluebird-bio-announces-pricing-public-021400812.html

The offering price is a 1% discount to yesterday’s close of $86.20, but the demand was so high that the size of the offering was raised by 50%(!).

*Assuming exercise of underwriter’s option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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