SQNM: suspicious call buying today

wilburbear · Nov 24, 2009

and this yesterday......

http://www.fool.com/investing/high-growth/2009/11/23/4-star-stocks-poised-to-pop-sequenom.aspx

SEC should get ready to pre-empt thievery for once in their lives

m22au · Nov 24, 2009

Thanks for the heads up wilburbear.

What's the significance of the Motley Fool article that you cited?

wilburbear · Nov 24, 2009

Quote from m22au:

Thanks for the heads up wilburbear.

What's the significance of the Motley Fool article that you cited?

some guy says the company is worth billions - not its current 200 million - this was yesterday, and it had no action on this. Now it pops 25%. goldman, or whoever, can say they merely bought on this analyst's opinion - but NOTHING HAPPENED right after this news was released. the news is a manufactured device to load up on long term calls

m22au · Nov 24, 2009

+39%

Should be interesting to see if any news is released in the next 27 hours.

wilburbear · Nov 25, 2009

here we go again. stock just rallied 10% in about 10 minutes from 3.85 level. clearly percolating. an announcement this weekend, will yield a fine list of felons........

wilburbear · Nov 25, 2009

this guy calls SQNM a takeover target. who would buy it?

http://blogs.barrons.com/stockstowa...tion-pact-sequenoms-mysterious-rise-reversed/

risky63 · Nov 25, 2009

6 month chart looks like funny business...no thanks
opening gap today is bearish also. look at it on a 5 day-intraday chart.

wilburbear · Nov 25, 2009

Quote from risky63:

6 month chart looks like funny business...no thanks
opening gap today is bearish also. look at it on a 5 day-intraday chart.

how much did you short on the open?

m22au · Nov 27, 2009

interesting trading activity today as well.

Maybe an announcement before Monday's open?

wilburbear · Dec 2, 2009

SQNM up over 10% today.

When it runs, forget about taking your time to buy calls. A call with a THVL of, say, 35 cents goes from a market of .10 - .60, to .10 - 5.00!

Saw it twice this morning.