listener2307: Between the 2009 crash and currently, they did 4 or 5 cash raising events, with something like 200 or 300 Million. Does that not quality? If the stock price is depressed, then the chance for finding investors becomes more & more difficult ( especially as they needed to offer a 20/25% discount on each cash raising event ). Do not tell me the bull that companies can easily raise cash, because i can tell you from person experience that is NOT the case for a lot of companies. If people and institutions did not buy shares at those 5/6/7/8 price ranges, the stock will have crashed to $1 ... a point where its impossible to get 60/100/... millions! It will have diluted the stock not times two, but closer to times EIGHT! ... Nobody in there right mind invests 100 million on a stock that has lost so much value to drop it to $1 range. Let alone do it 4 or 5 times!
Like to point out that those numbers only show the stock at $3 range, not the last jump! So you 60% is incorrect. I also like to point out that a large part of those same shorts have been in the stock from when it was $5,$6,$7,$8, so those guys made extreme good profits! They actually have been able to cover over 18M shares, while at the same time the stock stayed stuck as these $2/$3 range!!
That is actually a very good job that the shorts did. So do not try to mix up numbers, to justify that 60%. My memory is way longer then yours regarding how the stock has been kept low and this current level is a pure joke, compared to what the company has going for it.
Sentiment: Strong Buy
That is a very rude response to probably the same people that kept this company in business. If it was not for those people who "bought too soon", the stock will have been even more diluted or they where unable to raise cash!
But its also massive down compared to the past... $5,$6,$7,$8 ... still long ways from that. Its not because they recovered after the Q2/2013 disaster ( what they actually created by never providing any profit warning ), that is means they did a good job on the stock part. They earned there bonus, because they did there goals unlike 2013 ... But in all fairness, you do expect to see some more commitment from the management like buying shares, or doing a way better PR job. Supporting the stock, is still there biggest weakness.
He is using the Q3 number + the 50M from the Illumina-Sequenom deal. That was around $71 million + 50 million = 121 million + some exaggeration / rounding up the number way too much.
Now, if SQNM is running at a profit in Q4, its possible they have a few more millions to "spare". But its a big leap to imagine that they somehow got 9 million in pure profit in Q4...
You look at Roche in court as a positive, but its still years of useless money spending and uncertainty. Even if Illumina pays for most of the bill, Sequenom will still be spending money also. That is still a negative, no matter how you twist or turn it. Roche has the money to drag this on for a long time. Unlike Ariosa ( and look how far Ariosa has driven things with there limited funds ). Do not underestimate your opponent in any battle Joey.
May i remind you, how many time the words "Roche" will buy Sequenom have come up here. Only for everybody there mouth to fall open when Roche ended up buying Ariosa, the most unlikely candidate in everybody there list.
Strange things happen all the time with Sequenom its business. ;) But what we do know is that Roche & Illumina are not on good term with each other. And this can have a big influence on the future dealings ( and like i said, impact Sequenom ).
Probably too little. We do not even know now, what Sequenom gets from Illumina ( beyond the cash payment ).
Don't be so sure that is a good thing Joey. Maybe the hate-hate relationship between Illumina & Roche can have a negative effect for Sequenom. I notice too much how people look at the only positive outcome, but few look at the negative points.
Be careful making predictions... Remember Joey with his $12 or whatever before end 2011 prediction. He was also sure about that one. Sequenom is not a stock that follows any basic stock normal evolution ( thanks to whoever is constantly playing around with the shares ).
Does not take a rocket genius to see that the last few days there movement is not normal. Yesterday almost all day kept at a line, and today it seems again to have constant down pressure, to prevent it going up too much. Unlike the other stocks. I personally do not see what the use if for OE playing, because there is so little profit in it. But it looks more like some automated programs are running each month around this time, trying to get to this "goal". Or stick as close as possible to it.
A whole bunch of stocks that i track, have already recovered 50 to 70% off there loss in those red day period. SQNM of course being the exception to the rule again.
After a long struggle it ended at that small gain.
You can not compare the market percentage up, with Sequenom there percentage. A few days ago the market was down 1.5%, and SQNM was down 5% ... By that logic SQNM needed to recover way more.
Today its again the same at this moment. Markets 1.2% up, plenty of other stocks, and SQNM struggling to gain more then 0.28 to 0.9% ... It seems whatever the effect was from that large raid attack a few days ago, is that it still has a effect on the buyers. Maybe it scared people so much, that those that sold, do not rebuy? Illumina has almost recovered there loss from the last few days. SQNM still needs to go back to +- 3.80 range, to recover the loss. That is almost 8% from this point.
There clearly is a lot of pressure on the stock.
iazkor: Nothing, you can do nothing about it. Unless we pool our shares into one group, and have one person appointed to be our spokesperson, they will just keep ignoring you as small shareholder. As simple as that.
Listener2307: I am just mentioning those stocks because i have been tracking them for the last 2+ years. Mostly become a college has them in his portfolio. It does not diminish my argumentation regarding SQNM there lack of PR management and stock management. Fact is, if the management showed more interest in there own stock, there actually might be less of this manipulation going on.
There are plenty of other companies, who's PR works way better. Or where the management shows support buy buying shares into there own company ( and do not just count on there bonus / perks ). There are plenty of ways that can influence a stock ( directly or indirectly ). People can buy a stock to financially support a company, and in return they expect return on that investment. That is missing here. When a company does not understand why people buy shares, beyond there own "we need cash, lets put out some shares" it makes a very uneven playground. This is exactly why we are still at 3.5 range and do not show the same "promise" that other stocks do.
KERX: A year and half ago, $2, $3. Now between $14 and $17
Illumina: Two years ago: $50, now constantly going between 170 a 190.
... And the list goes on.
One was able to buy just about any other stock in the last few years, and get a double, triple, or even more growth / return on investment. And part of that is how the companies work / progress.
SQNM is hateful because they never have any follow true. They release a PR, and then let all the hype die down again. Repeat, and repeat... And half the times they do not even release PR's ( like most international deals they did, they never PR'ed about!!! ). Its always one step forward, two back.
Seen plenty of other companies do way better on there news management, general PR, and interaction with (potential or old) shareholders.
You really think they will buy back shares? Please ... when the management do not even buy shares on the open market, there is no way they will buy back company shares. I said it hundred of times, SQNM management only cares for the stock when its useful for them ( when they needed money ). That is it. Why spend there "reserve" money to buy back stock, that makes no sense. Only in case of a takeover, they may accumulate back shares.
Before the Illumina - Sequenom news, the stock was 3.05 ... that is really not that far anymore from this level. To think we did 4.20 in pre-market!!!
Budro, you have seen this before. In a lot of cases if the loss on a mini-raid like this is big ( 20 cent is plenty big ), in general we never "fully" recover from the loss ( even if the markets go nice and green ). I hate it when they pull stuff like this, because this is the exact reason why it scares away investors!!! Nobody like to hold a stock that keeps doing #$%$ like this.