Like free birds in the jungle? These patents are too wide and not materialize in the future. It is the earnings and market that matter for a company like ILMN. Sequencing alone would not cut anymore.
Not a strong company as far as I can sense. I know this management very well. They were with the Genetic Institute in 80's. Can they repeat the same success? I do not know. Only thing that I see is that the insiders have been selling all the time. That is not a great show of great confidence. I would not buy it unless it goes down below 10 bucks.
Sentiment: Strong Sell
Very disappointed with the board. These people should be voted out. We need somebody like Icahn to take on these parasites.
These publicly free upgrades and downgrades without any real news, mean nothing except firm's own interests. Market has virtually ignored the down grade.
A wrong buyer logic! Nobody knows where oil prices will go in six months time? People buy planes for at least for ten years.
Major holders have already cashed in their initial investments. From here, they will have a free ride even the stock drops to zero.
This was a premature IPO that small investors got suckered in with no fault of their own. CNBC pumped it and they got their share while small investors would be holding the bag until it hits the bottom. This is terrible. Law suits should be filed against the company and the company that dealt with the IPO.
Sold around 15.50 and moved on. The rule is, if paper loss is 25% and people are not willing to add more into their existing position, they should sell and move on. That is the cardinal rule unless you see insiders buying the shares. I listened to EYES's conference and did not find anything that was exciting. The stock seem to have no floor at all. Tax loss was a good option for me. It is possible that some shrewd short sellers might be playing the game but I got no patience with that.
He suggested people to stay away when they should have bought more. How that makes him a good stock picker? Gild drug is better than Abbies hands down! Did he not know that fact?