Sentiment: Strong Buy
So......if verinata is worth 350 mil...what is sqnm worth?
7.25 maybe as high as 8.00
Not only do we have the great earnings report, but the iLMN/Verinata deal just put SQNM into "play".
The test run rate is still ramping very strong. The revenues are increasing quickly and the money burn rate improved significantly. Break even on the horizon mid 2013. The SP will see $6 soon, I mean SOON.
up 10%. Great news, they are picking up the pace while keeping a good price.
Their run rate went from 100,000 to 120k in about 45 days.....
This baby is going to fly.....with shorts behind the 8 ball that should add fuel to the fire!