Wednesday, March 4, 2015

Biotech Investing: Hope you read and took action on my KaloBios (KBIO) on February 2nd!

I reported my position in KaloBios (KBIO) back on February 2nd when the shares were trading at $.39.  It seemed like such a good bargain that I picked up 60,000 shares.  Their book value was over $1 per share, the CEO "retired", and they still had a compound in phase 2 trials with results expected in the second quarter.  I don't know what the ultimate outcome will be but I sold my shares today at approximately $.92.  Not a bad hull for months work!

Keep looking for those bargains, do your research, and good luck!  

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