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Sequenom Inc. Message Board

  • think_plan_act think_plan_act Dec 11, 2013 4:21 PM Flag

    I am not selling any share below $15

    shorts try your luck. You can manipulate as much as you can. You also know any buyout news would move it to over 10-15 easily

    Sentiment: Strong Buy

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    • It’s difficult for me to believe you can be this stupid, so I’ll assume you’re just very very naive and don’t have much experience in the market.

      This is a 2 dollar stock. The company has never made a dime in its history. They are involved in patent suits and shareholder law suits. They blew their first to market advantage and company officials were convicted of insider trading. They burn cash at an alarming rate and they can no longer go to the bond market for funding since no one will buy their debt. They have diluted the stock each year for the last four years and they really have almost no room to go to the equity market anymore.

      Given those facts…. And yes they’re all facts you believe some company is going to pay a 500 to 750% premium to the market to buy this company? There is not an investment bank in the world that would even let a client who was foolish enough to be interested in buying out this company pay 10 to 15 a share. Show us another company with all those issues that was acquired for 500% or more premium to the market. Heck show is a single company that’s even been taken out for a 500% plus premium to the market.

3.40+0.01(+0.29%)12:36 PMEDT

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