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DewDiligence

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DewDiligence

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Re: DewDiligence post# 169785

Monday, 12/02/2013 4:03:11 PM

Monday, December 02, 2013 4:03:11 PM

Post# of 257269
Kindred Biosciences (KIN) lowers IPO target:

http://www.bizjournals.com/sanfrancisco/blog/biotech/2013/12/kindred-biosciences-kin-pet-drugs.html

The one-year-old Burlingame company, which said Nov. 11 that it planned to raise $57.5 million, on Monday downgraded the top of its initial public offering range to $46 million. It said it would offer 5.75 million shares, probably at $6 to $8 per share.

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

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