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Illumina Inc. Message Board

  • dragan7777777777 dragan7777777777 Sep 29, 2006 11:46 AM Flag


    Hi everyone,

    I hate this....Something MUST be going on. We will know, sooner or later..It is not the case of "taking profit of the table", or "one big crazy investor selling"...Price big drop, and volume are clear signal..

    Where is the bottom? Now, when 50 days EMA is "broken" the next stop is 28-29 area, which is close to 200 days EMA...Sure, this is pure tech analysis, some may say: "...there is never end of bottom..." With ILMN quality, and unchanged fundamentals this is time to consider jumping in...

    I would say great buying opportunity, but I have to figure out what is going on before any buying...What I know it is very unlikely negative settlement with Affy, but I could be wrong...

    Good luck


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    • Read my post "Stock Drop Reason" My friend had Briefing fax him the press release and it mentioned the Decode/CHOP legal issue as a possible negative on the ILMN/CHOP contract. I bought more at $31.30 and saved some money to buy more if it drops further.

      I believe this is a screaming opportunity but what do I know....I work for a living....

    • Stock with a P/E ratio of 250+. "Great buying opportunity". A classic instance of the Greater Fool Theory. ILMN to 25 this autumn.

      • 2 Replies to pdesser
      • Pdesser, where have you been? We never hear from you unless there is a drop in the price of the stock.

        Still singing the same old tune I see. All the other drops were temporary, so why don't you share your infinite wisdom with us as to why ILMN is going to go down the tubes?

        By the way, the first day of autumn was last week. And the stock is already heading back up. I guess you still have your usual accuracy of price predictions as well. Do you actually have any money left to invest???

      • Shit at least it has a PE ratio there are thousands of great companies out there losing money why not jump on their board an short their stock....

        This company is a pure growth play not an EPS play....If you want a good PE buy LLoyds of London they pay a 6% dividend....

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