Short interest increased dramatically throughout the year last yeat. Historically, NSPH has had about 250K short interest. Starting last January (once the Eppendorf lawsuit had been filed), it increased dramatically.
I think the folks shorting it did not realize that very few people were selling and that it was really the short imbalance that had driven the price down. Everything worked in their favor until the lawsuit was settled for $4MM with Nanosphere getting global rights to the Eppendorf IP.
I suspect they were hoping to push it down after the November earnings call, but it didn't happen and NSPH started to rise. Then, it looked to be rallying heading into December.
When the December 31st short report comes out and I post that, more people will see what is really happening here.
Bill, thanks for being an open minded, critical thinker.
Let's make sure that sammy and his hundred aliases do not get away with mainpulating this board.