Thursday, December 8, 2011

Nanosphere: Insider Sale Recorded

I checked to see if there had been any new insider buying at Nanosphere (NPSH), but was bummed to see an insider sale. There is usually only one reason for an insider buy, but there are an array of reasons for why an insider sells.

NSPH had a volatile day yesterday (02011.12.07). Previous close was $1.56; opened at $1.59; hit an intra-day low of $1.38 before closing the day at $1.52. Right now (9:32am MST on 02011.12.08), NSPH is down 5+% at $1.44.

NSPH hit a low at $0.08 on 2011.10.03 and its most recent high was $1.75 on 2011.11.21. 52-week range: $0.89 - $5.62.

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