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Nanosphere, Inc. Message Board

  • zzaofijb zzaofijb Feb 27, 2013 3:23 PM Flag

    volume just about avg

    no biggie, i guess we are waiting on the next PR...i say BUY BUY BUY and HOLD HOLD HOLD!!

    Sentiment: Strong Buy

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    • All i remember is the headline from the last earnings report when the stock dropped:

      Nanosphere Announces Record Revenues and Placements, and Key Leadership Changes

      Sentiment: Strong Buy

      • 1 Reply to rjlmissy1234
      • IMO you are going to need an above expectation placement number, j.v. agreement, offer, etc. to move it. In short you need a catalyst, and none is apparent. The best ones never are, and they move the stock in chunks. But you never know how long you have to wait. Lurie Investments, as evidenced by their own actions, will probably not wait long (i.e., I don't think they will just sit around until year-end). I'd expect quiet trade until some event-driven action takes place. Near $2.00 is where insiders find value and buy stock for their own account. Near $2.00 is where the stock traded about one year ago, and the company is about one year behind schedule. Near $2.00 is probably about where shorts cover and longs sell to lick their wounds having been stung hard but not having lost everything. In short $2.00 per share is a central tendency or set-point the stock likes. it will take something big to move it off that level. It is not likely to just "drift higher".

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