Unusual Block Volume: Nanosphere (NSPH)

Posted in General 
May 22nd, 2009

Nanosphere, Inc. (NASDAQ: NSPH) is part of the Lux ETF and saw a sharp rise on Friday. We have NEVER featured this one here for an exponential alert nor for a block volume alert.  Shares were up 20% at $3.60 late in the day on almost 600,000 shares.  That is almost 15-times noirmal trading volume.  This one develops, manufactures, and markets a molecular diagnostics platform, the Verigene System that enables genomic and protein testing on a single platform.  It looks like there were 3 very large block volume trades at 11:36 AM EST according to NASDAQ.  This is part of our broad-based nanotech report this Friday over at 24/7 Wall Street. -JON OGG

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