Sunday, November 18, 2012

Geeknet and Nanosphere Keep Going Down

Geeknet (GKNT) closed at $14.68 on Friday, 02012.11.16. 52-week range: $12.07 - $21.62. Our GKNT investment is now under water and this is beyond frustrating. I am keeping an eye on insider activity (buying) at GKNT's current price. GKNT's SIR (Short Interest Ratio is a whopping 18.9.

Nanosphere (NSPH) closed at $2.42 on Friday, 02012.11.16. The company has lost ~32% of its market value since hitting a new 52-week of $3.89 on 02012.08.28. Our NSPH is still above water, but that will stop being true if NSPH hits $2.25.

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