Thursday, August 7, 2014

Bought Some More Nanosphere (NSPH)

Nanosphere (NSPH) reported 2Q'14 results after the market closed yesterday (02014.08.06). Today, NSPH crashed and become a penny stock. This news did not set well with Wall Street.
"However, our instrument sales fell well short of expectations due to timing of hospital capital budgets and a continued lengthy customer implementation process; therefore, we are lowering guidance to reflect this pace of instrument sales and its associated impact on consumable and total revenue."

NSPH closed yesterday at $1.42. Today it opened at $0.93 and I bought some NSPH at $0.97.

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