They are not going to find a LB partner and who would pay for their LB technology when you can steal it for free and the courts won't do anything about it.
Did you see that The European Commission is investigating Illumina and Sequenom for anticompetitive conduct----- since the patent is valid in Europe, might as well try another avenue.
Ferretface007---- I only said that because I would probably eat a bullet if it actually went back up.....
This was a tough pill to swallow, but I was swinging for the fences and didn't even put the bat on the ball!
I first bought in 2009......over the years accumulated 50,500 shares at at average share price of $5.50 an approximate investment of $250,000. I sold this morning at got s whopping .84-.85 cents.
Lesson learned...... The stock market is a cruel mistress and I only blame myself for buying into the hype and thinking this was the Google of diagnostics.
Since I sold, I'm sure the stock price will rebound! (I hope it doesn't)
Don't feel bad for me--- my wife is loaded and I have other investments that are doing well.
Yea, we are #$%$ $4 seems like a dream right now. There is still value in there company, just not sure how much at this point.
I will be voting a BIG FAT NO on the proxy for more compensation based shares for this shatty management team.....
Thank you Sequenom, I will be working into my 70's to recover from this poor investment decision