Just like all shills this idiot thinks that by repeating a lie multiple times it will make it true.
Artonline - I am short, Should I coerse longs to sell so that I can Cover?
Think about it, If you shorting this stock at these levels you are basically taking a much bigger risk then going long. They already released 2 test and more on the way, there is no FDA approval all they have to do is market this directly to doctors and they get paid. There is no competition. It's a no brainer.
The Stock Price is not determined by the Earnings of the company today, The Stock Price is always determined by the potential revenue that a company will generate in the future.
So the $16 near term target is very reasonable.
Even with one of these tests.
Big companies such as GS are buying stocks on dips and selling put options to chump shorts.
July and August this will be at 15. You can bet your assets .
Top 10 Reasons I like this stock
1. Trisonomy test potential is worth Billions, if successfull will open the door for all prenatal tests to be done using their techniques.
2. Harry Hixson is the CEO, Bombard,Chervenak,Cohen,Hogge,Lo,Shulman,Ville are some of the brightest scientists in the world.
3. Goldman Sachs has 3 Million + shares. Goldman almost never misses.
4. Current Price of 4.25 is cheap (500% down from high)
5. Debt is non existant
6. 500 + Patents
7. MassArray Technology is proven and is widely used across multiple universities.
8. FDA Approval is not necessasary because this is a diagnostics company.
9. Kramer says they missed it (only sheep follow him)
10. Most Analysts have a target price of $3 (Look at HGSI all analysts said that Lupus research is where bio-tech companies go to die)
HGSI was trading at $3 at the time.
Don't worry, when the good news comes out it will be sudden and the pps will jump 300% overnight. It's not a question of if, it's a question of when.
SQNM Will not fall below 2.80. The floor has been established over the past 6 months. All the bad news is already baked in, into the current price. People are scared to invest in this stock right now. But once even a little bit of good news comes out this thing will explode like a tinderbox.
Short Interest is the fuel, performance is the fuse, says ShortSqueeze.com
I think SQNM will be range bound between 3 and 4 dollars for the next few weeks, until news comes out. Although I see strong support at about 2.80 (Double or tripple bottom since Apr 30). So for all intensive purposes anything below 3.30 is the floor for this stock.
Long term there is huge potential for this company, once we get passed the SEC,FBI, CIA, KGB and other investigations which I suspect were brought upon by the law suits, this stock will probably rebound to 6 - 8 dollar range.
After this if/when the DS Test will be independently confirmed the stock price should immediately go to at least the 20 dollar range.
Anyway that's my opinion.