Volume Spike Investor

Insulet Corporation (NASDAQ: PODD) was a stock we had reviewed at BioHealth today, but after a further look the downward volume is highly out of the norm.  Canaccord Adams downgraded the stock this morning and it was the first analyst to break ranks.  Technicians don’t care about analysts, so they will be focusing on today’s volume and drop to make their determinations.  So far, at 1:11 PM EST we have seen 1.075 million shares trade hands, well above the average.  Shares are down 9.5% at $16.11.

52-week range:    $12.35 to $27.85
Avg. Volume:       353,929
Market Cap:         $443.59M
Options:               NO

Jon Ogg
June 20, 2008