This is, most likely, a very good trading opportunity from the long side right now. And most definitely, any sort of rally over the next few months is a good time to lighten up, at least, on stock holdings.
We'll see what happens. Next few months could be a good trade.
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Cash, for sure, for long term.
This is, most likely, a very good trading opportunity from the long side right now. And most definitely, any sort of rally over the next few months is a good time to lighten up, at least, on stock holdings.
We'll see what happens. Next few months could be a good trade.
cash AND if you want to be aggressive the short ETF's like the QID and SKF after this SEC induced "dead cat bounce" fizzels.
btw, I wouldn't be in a money market account with that "cash" unless it was US Govenment securities based. Putnam just shut down one of their MM funds because they had a run by institutional "investors".
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cash AND if you want to be aggressive the short ETF's like the QID and SKF after this SEC induced "dead cat bounce" fizzels.
btw, I wouldn't be in a money market account with that "cash" unless it was US Govenment securities based. Putnam just shut down one of their MM funds because they had a run by institutional "investors".
I dont see the current price as being sustainable even with this news.
It is very exciting that they found this information out from the trials but what can they DO about it? Meaning if an unborn child has down syndrome that is good to know, but its a "one and done" sort of event..it isnt like SQNM is trying to find a genetic CURE for down syndrome. At 1.5B market cap I think she is pretty expensive here.
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Quote Originally Posted by depeche2:
Sequenom
You did call it a long time ago.
I dont see the current price as being sustainable even with this news.
It is very exciting that they found this information out from the trials but what can they DO about it? Meaning if an unborn child has down syndrome that is good to know, but its a "one and done" sort of event..it isnt like SQNM is trying to find a genetic CURE for down syndrome. At 1.5B market cap I think she is pretty expensive here.
wall, I wouldn't be so sure that might not be possible down the line here. There was a reference in their CC to detecting in the first 10 weeks and "reducing symptoms".
While that certainly would be nice, regardless of what people do with the info, if this test progresses as expected it is going to become the standard in prenatal testing and doctors already recommend that everybody be tested. This test will be able to detect earlier, more accurate, safer and cheaper. It's a grand slam. Everyone will do it. There are some other genetic tests along with it, including Trisomy 18. There are others too.
This is a 1 to 1.5 billion market annually in the U.S. alone. And it will get bigger with better and safer testing. Worldwide market is 6-8 billion. Margins will be huge. And they are building out their own lab to reap the profits. And this isn't SQNM's only quite of products. Genetic testing is going to be big big big in the 21st century and SQNM will be a leader. $1.5 billion is nothing. I really believe it can bee 100 times that in 10 years. This stock should already be way higher but there is a progression to these things. I think by the time it gets peer reviewed and hits market mid 2009 it will be $100 by this time next year.
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wall, I wouldn't be so sure that might not be possible down the line here. There was a reference in their CC to detecting in the first 10 weeks and "reducing symptoms".
While that certainly would be nice, regardless of what people do with the info, if this test progresses as expected it is going to become the standard in prenatal testing and doctors already recommend that everybody be tested. This test will be able to detect earlier, more accurate, safer and cheaper. It's a grand slam. Everyone will do it. There are some other genetic tests along with it, including Trisomy 18. There are others too.
This is a 1 to 1.5 billion market annually in the U.S. alone. And it will get bigger with better and safer testing. Worldwide market is 6-8 billion. Margins will be huge. And they are building out their own lab to reap the profits. And this isn't SQNM's only quite of products. Genetic testing is going to be big big big in the 21st century and SQNM will be a leader. $1.5 billion is nothing. I really believe it can bee 100 times that in 10 years. This stock should already be way higher but there is a progression to these things. I think by the time it gets peer reviewed and hits market mid 2009 it will be $100 by this time next year.
How about stocks in private prisons? such as wackenhut and so on, since this country is in a down turn i expect crime to rise... iv'e been on this idea for awhile now, what do you think?
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How about stocks in private prisons? such as wackenhut and so on, since this country is in a down turn i expect crime to rise... iv'e been on this idea for awhile now, what do you think?