How about doing a little research on your points before posting them? Edico makes a genomic data-analysis product that works in conjunction with ILMN's sequencers, not in competition with them. If it works as advertised, it will actually help ILMN's sales.
This sharp drop was engineered by shorts. ILMN insiders are well known for over 10 yrs having pre-programmed SEC registered automatic ( monthly or quarterly ) sales. They had and have options and they have cashed in on incredible well managed company in hot genomic/sequencing market. ILMN is a market leader and it will continue to grow, improving margins, expanding around the world ( incl EU, UK, China ) and continuously beating street estimates and rising guidance. Shorts have tried many times and are trying now to argue "insiders selling", trying to induce less informed shareholders to sell, and attacking any time they can. Let the time and market be the judge. I see any ILMN major drop as buying opportunity. ILMN has been the buyout ( failed ) target and it has made smart acquisitions. IMHO more to come. Price target over 200....
I don't think you know what Edico does. They process sequencing data, not generate it. They even have a picture of an Illumina HiSeq sequencer in their workflow diagram! Is this an example of what informs your market decision making?
Ilmn: Is it in your 401k plan? And if it isn't, then WHY? Message to Mutual fund planners and managers: there is still time to load up on ilmn As the general population becomes more informed about the benefits of genomic medicine--customers and investors are going to wonder why the world leading ilmn is not in their retirement portfolio. Ilmn is set to double in value in the next 12 to 18 months. Money managers need to do the necessary DD and buy ilmn now.
I have read through their results three times and I cannot find anything that would indicate the stock going down over 5% the very next day. This is a buying opportunity.
a company absolutely destroy their numbers and the stock go down 5% the next day. Something did not make sense with the very low trading volume after hours last night and the pre market this morning. The stocks high was $185.00 and it is presently trading at $171.50.
I loaded a few shares more at low 170s a couple of days ago when the strategic cooperation news came out. Having some new gain, along with my 4-year-old but unrealized profit, I still have the concern: why the insiders are selling like no tomorrow? Although most sale were options exercise and then same amount of shares sold to market, It still concerns me somehow, as a long term investor. You short term investors or traders don't understand my concern.
The other reason I bought a few hundreds of shares more a week ago was the chart looks good, forming a cup/handle shape. I was hoping it would break out soon. Unfortunately, pretty big selling pressure at 182 or so for a few times last week and this one. Insiders were contributing big time to the selling pressure! Why the hell they from ceo, cto to accountant keep selling? I hope there is a reasonable explanation that I didn't know, maybe you can tell me that. Of course, I could just take the few thousands of short-term profit and keep watching and wait while holding my long-term positions, but I really believe it should have broken out already if there had been no insider selling.
But I feel like it's best to get going - at least until the company catches up with its valuation or vice versa.And if it goes higher? Im happy to "leave some for the next guy". The question is, what will be my next venture?
Im entertaining the thought of going into a small VOIP/ Enterprise network solution provider called AudioCodes (AUDC). It looks like they're heading into "The CLOUD" full steam ahead with a lot of wind in their sales thanks to Microsoft 360 and Lync. Enterprise connectivity" or some such phrase is the new buzz word if Im to believe what I've been told. Next question: Do I buy 6000 shares of AUDC right now at 5.75 or buy only 3000 and wait until a drop to buy the rest. Anyone have any ideas of this AUDC company. Also on what would be a good point of re-entry for my ILMN. Im thinking 140-145 area...???
THANKS TO YOU ALL!!!
Looking for an entry point as I missed the last pull back to$130. Not long ago and regret it. I need to pull the trigger but who knows if the market stays bearish I might get another shot at $130
Ha, 2 things. One, this is not a correction, there won't be a correction.
And, ILMN is the most dominant player in a very rich business, more dominant that any other player in any other business.
Look at what they do, look at their product lines, look at their customers, look at their history.
Now, look at the #2 player. Oops, there isn't one! Well, if you count small players with 5-7% of their rev in very small niches.
Yes, hi PE, but no, not overvalued. What price do you pay for the priceless only game in town?
ps, shd ILMN drop any more, I'll just buy more, a recovery in their SP is a sure thing.
Greg is just bitter. Oxford is just a neat toy. It only produces Megabases not the Gigabases needed for the majority of work done in the field. Additionally the error rates are huge and it's not clear yet if the error is random or systematic. If and when they can fix that as well as push the yield way way way up then those long reads will be useful. By then who knows what illumina will have. Oh, Oxford will also need to meet a price point (per base). There is still no competition for illumina on the horizon.
ILMN may be a great company with incredible growth. They will most likely beat earnings and guide up quarters after quarters. But the continuous insider selling needs to stop. How can one invest in a company / put new money to work when most insiders are cashing out?
not one person predicted the the stock would take a 5% hit today. In fact, I am sure everyone thought the price of the stock would go up. Now I keep reading that the stock went down because it is over bought, flatley is a thief ...ETC. Why didn't any of you write any of this BEFORE the market opened up today? I have made a lot of money on this stock and their is not a doubt in my mind this stock was manipulated today. People who held or bought the stock or calls will make some money over the next few days. I would be very surprised if the stock went down over the next few days.
There are bubbles that occur because of natural trends, then there are bubbles that are bought and paid for.
ILMN has alot going for it as it currently dominates sequencing...but that would also mean that insiders would HOLD and let the stock appreciate. To say ILMN is priced for perfection is an understatement--- its priced for perfection-TWICE!
I know insider sells have been programmed etc. but insider buys ( not grants) are NOT to be found...all the while ILMN buys ILMN stock...does this seem a tad fishy?-chi