This stock isn’t ridiculous, you are.

Lots of screaming and complaining emanating from among the shareholder ranks of KBIO, a penny stock that just exploded from a few pennies per share to over 40 bucks (briefly), before losing 2/3rds of its value of the next 2 days. Lots of margin calls and complaints about the epic short squeeze and subsequent pump n’ dump.

“This is ridiculous! How can they get away with this?”

LOL @ “they”. There is no “they.” it’s not a conspiracy to screw you over, it’s classic Wall Street stock operating at work.

If you’re caught up on the wrong side of this situation, better to look in the mirror than to blame anyone else.

Repeat after me: This stock isn’t “ridiculous”, the people trading it are.

kbio

WTF is going on?

Read here:

Meet KaloBios, the Pharma Firm Up 4000% in Six Days (MoneyBeat)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. w88 commented on Sep 20

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  2. eatverts.com commented on Sep 22

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  3. immediate edge app download commented on Sep 28

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  4. tor index search engine commented on Oct 11

    … [Trackback]

    […] Here you can find 34641 additional Info on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  5. 안전놀이터 commented on Oct 16

    … [Trackback]

    […] There you will find 41918 more Information on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  6. Pendaftaran 2021/2022 commented on Nov 14

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  7. algebra help commented on Nov 23

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  8. 메이저놀이터 commented on Dec 09

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  9. percocet without prescription commented on Dec 10

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  10. plumbinggiant.com commented on Dec 12

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  11. CI/CD commented on Dec 20

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]

  12. replica watch commented on Dec 29

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2015/11/25/this-stock-isnt-ridiculous-you-are/ […]