Sat, Apr 19, 2014, 11:30 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Nanosphere, Inc. (NSPH) Message Board

  • billappledorf@sbcglobal.net billappledorf Dec 31, 2010 1:14 PM Flag

    Looks like . . .

    Looks like sammyjammin is shorting NSPH and luna-believer is buying his shares.

    Impossible to beat a tag team like that working pps down to 3.50 again together.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Trust me, I don't work with Sammy. Look through my posts on this board, LUNA, CBMX, SNIC, AAPL, CSTR etc... (note I have also used techstrategy as an alias which I disclosed to the SNIC board because it was a non nano company so I thought Luna_Believer was not appropriate).

      I STRONGLY doubt this stock goes to $3.50. It won't be just me buying the shares. A lot of people made a lot of money bringing this back up from $3.20 to $6.00. They stand at the ready to reenter and protect the downside.

      When the buying begins afresh in the new year, it will be fun to watch the short covering rapidly push up the price again. Shorts got in WAY to deep because they didn't understand IP law and the likely outcome of the Eppendorf lawsuit. They've been trying to cover gradually ever since, but the price moves up easily because there are few "natural" sellers. Sammy and his friends try to make it look like momentum has turned with extensive short activity (see the 300K shares after the "Nanosphere momentum to continue" out of SmartTrend). But, it isn't sustainable and they are vlunerable. A few good pieces of news and we will see dramatically higher levels because I think they are overextended and will have to cover...

      • 1 Reply to luna_believer
      • billappledorf@sbcglobal.net billappledorf Dec 31, 2010 4:35 PM Flag

        OK.

        I made a little money on NSPH last April-May when it went from 5 to a little over 6. I bought in again last month when it hit 5 and planned to sell it for 6 or so. The giant dump on Dec. 8th and yesterday messed me up big-time, but I am hanging tough.

        Half of NSPH's 17-million-share float is held by institutions, most of which have been closed during the recent debacle and apparently only one of which decided to liquidate some of their position. Virtually the other half are held by insiders. It isn't like the retail market has panicked and fled from NSPH.

        In Feb. when NSPH releases their Q4 earnings report, I have no reason not to expect that they will report progress on several of the diagnostic panels they are developing, or their Plavix metabolism screening test, or their cTnl assay.

        NSPH is hardly dead in the water. We should see at least $5 again within a couple of weeks.

 
NSPH
1.83-0.02(-1.08%)Apr 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT