Idiots Abound: NEST Edition

You may have heard that Google ($GOOG – no positions) struck a $3.2 Billion deal to buy Nest Labs, the maker of smart thermostats and smoke alarms.

@AshwinMalshe on Twitter gave me the heads up last night on the Idiocy of the Day – trading in NEST – Nestor Inc, which has nothing to do with Nest Labs.  NEST is a  microcap company that trades thinly.  Until yesterday:

NEST is not Nest Labs

NEST is not Nest Labs

I don’t even know what to say…

Nest Labs

-KD

disclosure: no positions in $NEST

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