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Sequenom Inc. Message Board

  • wtd1776 wtd1776 Apr 25, 2013 1:53 PM Flag

    SHORT POSITIONS GROWING

    Looking at the April 15 short report puzzles me. The stock has been driven down over the past few weeks and the shorts are still not covering, In fact they are adding to their positions. The short positions have grown by 2.25+ million shares to 38.48+ million as of the 15th. Are they betting that this stock is going significantly lower from here? I certainly hope not. I have been long on the stock for a few years waiting for the breakout. This kind of overhead pressure to keep the price down is tough to handle. My hope is that the court goes our way and the May 9th report is more than same same.

    Sentiment: Strong Buy

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    • That 2million+ is all below $4.15 and a lot isn't much higher.
      A little bump in share price and they will all be looking to get out..
      Those that are still trying to hold it down are running out of resources because the volume is down and they only start selling if it starts going up.
      Yesterdays shorts were 84,043 all very strategically placed to keep the price down.
      They are not doing so well today.
      Keep the faith.

      Sentiment: Strong Buy

    • From the almost daily posting of additional $100k annual salaried professionals and the real estate buildouts, one would think this company is doing great................except it's been a reality check when you look at the stock price.

    • We have had several breakouts over the past few years to over $8. only to fall back.

      • 1 Reply to btommasino
      • We need to breakout to above $10 and then we'll have something.

        When are they going to tell us what the 40k plus of new space is for. Also, they are very shifty on the throughput capacity of each facility. With a target of 150k test in 2013.......they should pretty much be able to all the volume in either SD OR NC.........what do they need both for?

        The only thing this company has done consistently is leave us common holders in the dark.

 
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