Friday, February 20, 2015

Nanosphere (NSPH) Spikes Up

Nanosphere (NSPH) closed yesterday (02015.02.19) at $0.36, up 37%. NSPH is an important GDT::Portfolio stock, so any gain is appreciated; however, NSPH could fall back to a quarter when the markets open today (02015.02.20). The motivation for this posting was yesterday's NSPH trading volume: 12.4 million vs. 1.8 million. There was/is some speculation that the "superbug" increased demand for NSPH shares.
Two patients died at the Ronald Reagan UCLA Medical Center in a superbug CRE outbreak, caused by two medical scopes that still carried the bacteria even after they were disinfected.

Nanosphere's Verigene System "enables clinicians to identify and treat the bacteria and viruses for complex, costly, and deadly infectious diseases."

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