There was 52K shares sold short as of April 30.
About $200K total short position. That's next to nothing.
Some people spend entire days bashing, so if they aren't short then they are all talk, no money.
If market cap is the ultimate arbiter then why didn't the world end in February 2009 when the market hit the lows. Markets overshoot and undershoot.
POS only expresses personal emotions about a trader's experience with a stock. Usually, losses resulting from not setting a stop. These emotions are not a crystal ball that foretell outcomes.
Ah, but you are thinking in snapshots of time, while in reality, NanoSphere is getting more valuable as time goes on. And there is less urgency to sell the company now that they have enough cash for about 18 months. By then, the next generation Verigene and flex Respiratory Panel should be on the market. If they wait until more progress is made they can command a higher price for NanoSphere.
POS is the most overused word on the message boards. A cliché.
Or were you referring to stool samples for the enteric panel.
There is a difference between reality and opinions. I myself admit that a buyout of Nanosphere is a possibility but not a certainty, while you claim it as fact that it will not happen. This board is a good place to study psychology.
Apparently, Bashers would hate to see Nanosphere bought out at a very good price for current shareholders. They are denying the possibility of a buyout.
Cepheid, a molecular diagnostics company, with $300M of cash in its pockets would be wise to scoop up Nanosphere which is trading at a ridiculously cheap $20M market cap.
Nanosphere is trading for an incredibly low market cap of $20M with fantastic molecular diagnostics intellectual property which is growing sales 40% year over year.
Perfect fit for Cepheid!