Pharm. Company to Roll Back Pricing

a reply to: soficrow

It hasn't been decided yet, they say they will come to a new price within the next few weeks

a reply to: StoutBroux

or as a hedge fund manager it was part of an even more sinister plan to short sell a bunch of stocks so that after the outrage when the stocks price drops(that 40 billion dollar loss) he and possibly others scoop up the undervalued bio tech stocks at pennies on the dollar.think of it as a long con or long term plan to make money off the outrage and get free publicity

Increase the price from $13.50 to 750, then decrease it by few hundred dollars and see the Naive sheeple call it a Victory...

a reply to: RalagaNarHallas

Sounds about right. A win-win for the insiders. ...Isn't Shkreli already being investigated for insider trading?

a reply to: FamCore

Maybe, maybe not. Looks like the reporter screwed up the info but here's the quote. [Check the source.]

According to The New York Times, the new price will be $1,050 for 30 pills, which is around double the original cost, but it’s obviously a huge improvement from the $750 per pill price tag Shkreli originally tried to push.