Back on February 9th shares of Tandem (NASDAQ: TNDM) closed at $2.35 and at the time the future did not look very bright. Fast forward to yesterday with shares closing at over $11. Talk about a happy dance. Yes, suddenly, this company which was on the verge of declaring bankruptcy is now flush with cash and its stock is skyrocketing. Yet when looked at without rose colored glasses what has changed if anything?
The same management team which pushed the company to the brink of going under is still in place. The product line up isn’t all that . . .
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