Aaron
January 8, 2018, 8:31pm
1
So - was looking for an update on the DASH PDM.
I went to the Insulet website and noticed that the stock price was up 13%. Turns out the news of the day is…
“today announced that the Centers for Medicare and Medicaid Services (CMS) has issued guidance clarifying that Medicare Part D Plan Sponsors may provide coverage for products such as the Omnipod System under the Medicare Part D (prescription drug) program.”
http://investor.insulet.com/releasedetail.cfm?ReleaseID=1053521
This is appears to be good news for those folks who were waiting for this news.
Eric
January 8, 2018, 9:22pm
2
Kind of like:such as may
Well, there you go. Concrete and iron-clad as it can be.
I guess it depends on if the word “may” means “might” or “is allowed to”
Eric
January 8, 2018, 9:35pm
4
I might be the King of Maldovia.
Aaron
January 8, 2018, 9:55pm
5
Yeah - but speculation about rulers of historical kingdoms doesn’t drive any stock prices up (or does it)
2 Likes
Thomas
January 8, 2018, 10:22pm
7
It will be interesting to see if the Stock Price “sticks” or if it drifts back down when this gets fully digested.
Good news - Yes. But I will be shocked if anything quick happens from this.
EDIT: I just looked at the stock price graph of PODD from today. Yeah - Wow. That was an increase of Market Cap by about $500~600M on decent volume.
3 Likes
Michel
January 9, 2018, 9:25pm
9
So many things happened while I was taking a side trip to Minnesota!
My good friend @Eric crowned kind of Maldovia! I am thrilled! But sad I missed it.
If I’d known I wouldn’t have gone. Next time you get crowned king somewhere, @Eric , you should let me know at least a day early.
3 Likes
