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Friday, February 16, 2024 6:02:54 AM
I saw shares trade for over $200 per share during the first recall of the company's loaned shares. Of course, price wasn't sustained at that level. Prices dropped as the brokerages bought-in their clients who were short. This was in the November/December 2015 time frame. The chart linked below doesn't quite reflect share prices that high, but I think that's because the chart doesn't reflect data from all of the worldwide exchanges. The highest price I see during the referenced time frame was just over $174.
https://www.google.com/search?q=kalobios+stock+price+history&oq=kalobios+stock+price+history&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigAdIBCjE4Njg1ajBqMTWoAgCwAgA&sourceid=chrome&ie=UTF-8
But I know what prices I saw, up to about $248, as I recall. And those prices were initially charted.
Of course it seems far-fetched. But, in my opinion, the company has been steadily loaning shares in preparation of a second recall of their loaned shares, which I eagerly await.
But, if you have reason to think management has no plan for individual shareholders, please enlighten us. On second thought, don't bother.
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