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DewDiligence

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DewDiligence

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Re: DewDiligence post# 172246

Thursday, 01/09/2014 2:05:24 PM

Thursday, January 09, 2014 2:05:24 PM

Post# of 257267
RCPT is yet another instance of a biotech whose share price rises on news of a discounted financing:

http://finance.yahoo.com/news/receptos-announces-pricing-underwritten-public-024153731.html

Receptos, Inc…announced today the pricing of an underwritten public offering of 3,320,000 shares of its common stock at a price to the public of $30.75 per share.

Yesterday’s closing price was $31.53.

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

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