Shkreli Rubs Salt in KaloBios Pharma (KBIO) Short Sellers' Wounds
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KaloBios Pharma (NASDAQ: KBIO) new CEO Martin Shkreli just tweeted a picture of himself and others at the company's headquarters captioned "turnaround in progress."
Shares have surged from $0.90 to over $45 in a few days amid news a Shkreli group has accumulated nearly the entire float and will takeover as CEO, staving off a wind-down. An epic short squeeze has ensued.
Turnaround in progress. $KBIO pic.twitter.com/5dseMG3B8I
— Martin Shkreli (@MartinShkreli) November 23, 2015Serious News for Serious Traders! Try StreetInsider.com Premium Free!
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