iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

GOODNIGHT KALOBIOS; BANKRUPTCY PAPERS FILED

That was real fun while it lasted. I mean, I haven’t had this much fun being right on a huckster since…shit, since forever.

My posts regarding KBIO can be accessed here.

Bankruptcy docs are here.

KBIO

Shareholders are here.

Martin Shkreli will soon be here.

Crime doesn’t pay, kids.

UPDATE: As $KBIO files for bankruptcy protection, @MartinShkreli livestreams himself in pajamas playing drums. https://www.youtube.com/watch?v=YCB6AybM4Cs

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5 comments

  1. typebtrading

    FIG

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  2. sia

    Da fuck. Didn’t they get a line of credit and some $$$?

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  3. sbr

    Did that crowd funded short seller cover already?

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    • trashman

      haha ya what an idiot. He owes Etrade 140k for shorting a company that two weeks later declared bankruptcy.

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      • dericdarko

        The epitome of the old saying: the market can remain irrational longer than you can remain solvent.

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