Replies to post #198840 on Biotech Values

[bladerunner1717]

What's causing biotech stocks to implode?

http://www.bizjournals.com/boston/blog/bioflash/2016/01/what-s-causing-biotech-stocks-to-go-into-a-free.html?ana=yahoo


Bladerunner

[DewDiligence]

PSDV sells 4.44M* shares @$4.00—a 3% discount to Wednesday’s closing price:

http://finance.yahoo.com/news/psivida-announces-pricing-16-million-132114839.html

The share price is up 4% today.

*Assuming exercise of underwriter’s option.