Nanosphere (NSPH) Pops On Hitachi Announcement

Nanosphere (NSPH) issued a press release prior to the market opening yesterday (02013.05.14) having the headline Nanosphere Announces Distribution and Collaboration Agreement With Hitachi High-Technologies Corporation. NSPH previous close was $2.78; it opened at $3.18; and hit an intra-day high of $3.35 before closing at $3.11. Volume was 2.47M vs. 0.56M. NSPH 52-week range: $1.50 - $3.89.

I cancelled a NSPH sell order at $Pi ($3.14) prior to the market opening yesterday.

[update::02013.05.15] Nanosphere will be presenting at the UBS Global Healthcare Conference on May 20th. I took a peek at this conference it is a big one.