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Now that we have closure on the patent validity the sale of the company can finally happen. It'll be for much less than SQNM is worth but at this point the legal drag is over. Let's get $5 per share from ILMN and get it over with.
rydad21
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Jun 15, 2015, 6:04:45 PM6/15/15
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$7
jolter
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Jun 16, 2015, 10:44:27 AM6/16/15
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The Management must be preparing for the annual meeting and it will be interesting their disclosure on the increased stock authorization.......I contend it would be foolish to start a new appeal unless ILMN is willing to buy in........that will tell all......... Since we don't know the value of the CANCER work or our ability to defend the patents involved.......I think we should seek a buyer with deep pockets and be willing to settle for less.......Hopefully it will be a stock swap with no tax creation and remember SQNM tax loss carry forward would make it more attractive........I would hope for $9.00.......GLTA
On Monday, June 15, 2015 at 3:03:05 PM UTC-5, Joungar7777 wrote:
Mitchell Johnson
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Jun 16, 2015, 11:44:55 AM6/16/15
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$9-$11 is my prediction.
Joungar7777
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Jun 16, 2015, 12:24:51 PM6/16/15
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Anything over $7 is dreaming .... I have not seen in my 15 years of trading a lot of companies being sold for over 100% their stock value. very very very few actually are sold for double however looking at the thieves Ariosa and Verinata it's not impossible but highly improbable.
Mitchell Johnson
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Jun 17, 2015, 9:56:54 AM6/17/15
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In my 33 years of trading and as a IAR, Broker, options principal CFP et cetera you have to adjust for stocks with a very high short interest. We'll see.
Joungar7777
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Jun 17, 2015, 11:25:53 AM6/17/15
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Can you give us an example of companies that sold for 3 times their stock value to adjust for very high short interest Mitchell?
Mitchell Johnson
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Jun 17, 2015, 1:25:48 PM6/17/15
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sure...SGYP was $3.59 yesterday and will be bought out at $15.
Mitchell Johnson
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Jun 17, 2015, 1:45:50 PM6/17/15
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20 million shares short...$11 price target but it will be bought out higher...questions?
iazk...@gmail.com
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Jun 17, 2015, 11:39:54 PM6/17/15
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With authorized shares double now it can slide slowly to $1.60. Not right away. Slowly. And even at under $1 management would not want to lose their fat check. But, miracle happens sometimes too.
Richard Horan
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Jun 23, 2015, 8:22:56 AM6/23/15
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How much do they pay you for continually bashing this stock? You're probably the same idiot that spams the Yahoo message board. Get a life.
Joungar7777
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Jun 23, 2015, 11:45:15 PM6/23/15
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Mitch,
This was a very bad example ... SGYP Soared on their constipation drug data results not on a sale announcement. I guess you didn't have any examples so you looked up a pharma company that shot up on good news and slapped it on this board. Like i said there isn't any companies that get sold for 300% of their stock value regardless of short interest.
Mitchell Johnson
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Jun 24, 2015, 11:47:12 AM6/24/15
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TROV tripled on thin air...the point is from here on a takeout overture SQNM can double THEN get taken out $3-$4 higher than that.