Replies to post #210238 on Biotech Values

[Titan V]

I find it odd too, going up so much on just IND approval alone. I wouldn't be surprised if there's a sharp drop tomorrow with or without an offering.

[nsomniyak]

You might have more ways to play CBIO tomorrow, as the CBOE will likely open up some options at higher strike prices (and maybe further out than April as well). I agree that none of the potential options plays made sense today.

[DewDiligence]

CBIO sells 1.27M* shares @$9.50—a 5% discount to yesterday’s close:

https://finance.yahoo.com/news/catalyst-biosciences-announces-pricing-public-141156154.html

*Assuming exercise of underwriter’s option.