damn - just announced a secondary.... | CALA Message Board Posts

Calithera Biosciences, Inc.

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Msg  2660 of 2728  at  6/19/2019 12:16:31 AM  by

wilderguide


 In response to msg 2659 by  gizmondo123
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Re: damn - just announced a secondary....

"What reason could a company have to keep their share price low?"
I admit, it's much lower than I anticipated, especially in the absence of trial threatening news. Could produce a great buying opportunity for those patient and watchful. Next ER should produce some interesting questions, though I don't ever expect to get an answer to why so low an offering. I sure don't get it, unless we see an after-offering spike in institutional holdngs.
In which case, I'd have to suggest collusion - which isn't a stone's throw from conspiracy.


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