Interesting side note, one of hte companies that Shkreli tried to buy was KBIO. This became exhibit #1 for people to point to whenever someone ask them why the

Interesting side note, one of hte companies that Shkreli tried to buy was KBIO. This became exhibit #1 for people to point to whenever someone ask them why they don't short a stock if they are so sure of their convictions. The stock went from $0.90/share to as high as $45/share overnight. If you were short you were very screwed as your broker bought you in at h igh prices that dropped pretty quickly after that. Never hold a short overnight unless you are really really sure and even then never hold a short overnight no matter what if its a penny stock. They are just too volatile and can see 500% + price spikes. https://www.thestreet.com/story/13374131/1/kalobios-pharmaceuticals-kbio-stock-soars-after-naming-shkreli-ceo.html https://www.thestreet.com/story/13374131/1/kalobios-pharmace...