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Tuesday, April 13, 2010

EXAS releasing more shares

Exact Sciences announced today in a report that they have releasing 3,500,000 more shares. They sold the shares were priced at $4.50. They also gave an option to the underwriter to purchase a further 525,000 shares at a later date.

This should knock down the share price a little and the option price a lot. But we will see.

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