FOR THE FIRST TIME IN 53 YEARS, THE KNICKS ARE NBA CHAMPIONS 🏆
New York defeats San Antonio 4-1 in the NBA Finals, capturing their third championship in franchise history!
NEW YORK WENT ON A 44-11 RUN TO COMPLETE A 22-POINT COMEBACK WIN IN GAME 1 💨
DOWN 22 WITH UNDER 8 TO PLAY IN Q4.
30-8 RUN TO FORCE OT.
WON BY 11.
1-0 SERIES LEAD IN THE EAST FINALS 🍿
Career playoff games with more than 35 points and more than 5 assists:
Jalen Brunson: 12
Larry Bird: 10
Kobe Bryant: 10
Nikola Jokic: 10
Luka Doncic: 9
Kareem Abdul-Jabbar: 8
Oscar Robertson: 7
Shai Gilgeous-Alexander: 6
Isiah Thomas: 5
Magic Johnson: 5
Wilt Chamberlain: 4
$FOLD IPO'd in May 2007 with a valuation of $320M. Bought today for over $4.8B. 15x+ increase in value. But the IPO price was $15.00... and the acquisition price is $14.50. Nearly 95% dilution in 18 years. It's a tough business.
That said, if you bought $FOLD in spring of 2014 when times were tough for the company (trading near $2/share), you made 7x return in 11 years... a very healthy return.
The ups and downs of biotech.