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Illumina Inc. Message Board

kedubob 2 posts  |  Last Activity: May 6, 2014 6:58 PM Member since: Apr 14, 2005
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  • Reply to

    What is gong on with MYGN at 40.00

    by carolyn_novice May 6, 2014 6:46 PM
    kedubob kedubob May 6, 2014 6:58 PM Flag

    There was an 18, 000 share order as seen on Nasdaq After hours ( cannot post link as you know, yahoo stupid control freaks)

  • Reply to


    by fleshrocket8 May 6, 2014 6:47 PM
    kedubob kedubob May 6, 2014 6:55 PM Flag

    The fact that they are buying back shares, have no debt, have $200M in cash, raised guidance and we have 50% of shares shorted points to posible acceleration.

    However Deep Capture Shinnanigans could hold it steady for a few weeks while they cover.

    One way to flush the evil doers out is rumors about buyout, or an Icahn or such annoncing a nice stake in the company and point to short interest. In that case it could joing Illumina and Alxn in the $150 club.

    Whomever jumps in and pays $60 a share as an acquirere, will reap rewards from short covering up to wazu in this stock.

176.31+0.42(+0.24%)Jul 22 4:00 PMEDT

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