Is this the same market?
Before I get into the earnings released by Insulet this afternoon here’s something to chew on. Tandem closed at $15.20 down another 14.37%. As it stands today this company with almost $500 million in cash and some 440,000 users has a market cap of …. Wait for it … $988 MILLION – think about that just for a moment boys and girls. And as you are about to see it’s going to a lot worse before or maybe I should say IF it gets better.
Check this out from the Insulet earnings release –
“For the year ending . . .
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