Wednesday, October 19, 2011

Nanosphere (NSPH): Insider Buy Recorded

I buzzed the following on 02011.09.28... Nanosphere (NSPH) hit a new 52-week low of $1.01 this morning (02011.09.28), which means it almost became a penny stock. 52-week range: $1.01 - $5.95. I don't know why the stock keeps falling; maybe its an end-of-quarter thing. Although there was lots of NSPH insider buying during the summer of this year, I'd like to see some more insider purchases right now.

I buzzed the following on 02011.10.10... Nanosphere (NSPH) saw a small amount if insider buying on 02011.10.03 (10,000 shares at $0.90) and 02011.09.30 (1,000 shares at $0.91, 3,370 shares at $0.97, and 30,000 shares in the $0.93-$1.01 range).

Today, 02011.10.19, I saw that Mark Slezak, Director, purchased (indirectly) 285,235 NSPH shares at $1.10 per share. NSPH was at $1.18 on 02011.10.19 at 1:22PM EDT. 52-week range: $0.89 - $5.95.

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