Replies to post #176103 on Biotech Values

[biocqr]

AGTC has been trading since 10:20 am. Currently up >20% @ $14.80. HOD was $16.82.

[biocqr]

AGTC > GSK discloses 14% stake in AGTC

http://whalewisdom.com/schedule13d/view/glaxosmithkline-plc-sc-13d-2014-04-07-agtc

Ridgeback Capital discloses 7.7% ownership

http://whalewisdom.com/schedule13d/view/ridgeback-capital-investments-lp-sc-13g-2014-04-10-agtc

[DewDiligence]

AGTC -32%/AH—and_likely_down_more_tomorrow—on warrant-laden $11.5M* financing:

https://finance.yahoo.com/news/agtc-announces-pricing-10-million-013000025.html

The 32% sell-off in the AH session was on the announcement of a financing deal without the pricing, which was released at 9:30pm ET (after the close of the AH session).

Even before tomorrow’s likely sell-off, the stock is down 95% from its 2014 IPO.

*Assuming exercise of underwriter’s option.