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Saturday, 10/24/2015 7:43:55 PM

Saturday, October 24, 2015 7:43:55 PM

Post# of 3167

The political panic over the price of new medicines tends to be fueled by skewed statistics and outlier anecdotes—and no more so than the matter of Martin Shkreli. The panicked won’t mention it, but the market is now moving to crush this former hedge-fund manager who gained national infamy for jacking up the price of a generic drug 56-fold.



-The Wall Street Journal

http://www.wsj.com/articles/defeated-by-the-99-cent-drug-store-1445639504?ru=yahoo?mod=yahoo_itp

It's awfully quiet over here. IMMY is operating at a loss now but I believe they've found their niche. And the price of prescriptions will be a topic in the US Presedential election for the next year. Anyone else buy shares on Friday?

That float is ridiculous at 4.9 million shares.I certainly didn't personally buy over 1.2 million shares on Friday when average trading volume is 56 thousand shares a day.