Posts Tagged ‘SQNM’

Sequenom (SQNM) Down 45% On CEO Exit, Trial Quesitons

SEQUENOM (SQNM) is off 45% to $3.18 on news that the company’s board of directors have concluded that as a result of the company’s attempted transition from researching potential molecular diagnostic tests to developing and commercializing those tests, the company failed to put in place adequate protocols and controls for the conduct of studies in [...]

SEQUENOM Plays Give-Back (SQNM)

SEQUENOM Inc. (NASDAQ: SQNM) is giving back much of yesterday’s gaisn in trading this morning since no news has hit the tape over its Down’s testing results as many were speulating over (or hoping for) on Monday.  In early trading at 8:21 AM EST SQNM is down 7% at $5.94 on about 340,000 shares.  Average [...]

SEQUENOM Crosses Full Day’s Volume (SQNM)

We ran a full detail of the activity in SEQUENOM, Inc. (NASDAQ: SQNM) of the rumors that are driving the stock this morning over at BioHealthInvestor.com.  And the volume is already at a full day’s volume after just oiver an hour…. At 10:58 AM EST we have seen 12.8 million shares trade hands on a [...]

Sequenom Hitting Volume Alerts, Options Too (SQNM)

Sequenom Inc. (NASDAQ: SQNM) gave a dismal earnings report and its cash on hand may not be enough to get too far into 2010.  As of 10:09 AM EST we have seen 5.3 million shares trade hands and the stock is down over 14% at $5.20.  Its average volume is 10.4 million shares, so we [...]

Price/Volume Alert in Sequenom (SQNM)

Sequenom, Inc. (NASDAQ: SQNM) is hard to imagine judging for its earnings after all of the problems we have seen earlier this year.  The company reported a wider loss than expected and it gave a loss projection of $65 million for all of 2009.  As of 9:03 AM EST we have seen some 466,000 shares [...]

Volume Alert: Sequenom attracts interest after Monogram takeout (SQNM)

Sequenom Inc. (Nasdaq: SQNM) shares are up nearly 10% on a strong volume as of 10 a.m. Eastern, as speculators appear to be analyzing its worth as a takeover candidate, now that genetic testing rival Monogram Biosciences Inc. (Nasdaq: MGRM) was acquired by LabCorp. for $4.55 a share, a 170% premium. Both companies are forwarding DNA-based [...]

Unusual Volume Alert: SEQUENOM (SQNM)

SEQUENOM Inc. (NASDAQ: SQNM) keeps trading in mystery price and volume moves, yet there is no news from inside the company.  For that matter, there has been little from outside the company and related parties.  The initial pop last week was on rumors.  Some rumors were regarding case dismissals from the class action suits that [...]

Directional Volume Change: SEQUENOM (SQNM)

SEQUENOM, Inc. (NASDAQ: SQNM) was trading higher yest again this morning in the early hours.  We had it trading as high as $5.80 in early bird indications after a 58% gain yesterday to $5.30.  Again, there was no formal news yesterday. Just a rumor and presentation.  As there is still no news this morning shares [...]

Sequenom's Questionable Trading Day (SQNM)

Sequenom (SQNM) saw an exponential move today despite no real news.  The rumors in the marketplace are that the company is close to resolving at least some of the lab test issues that created a near-term scandal and cratered the stock.  We have seen shares move nearly 40% as of 3PM EST today on more [...]

Price/Volume Spike: Sequenom (SQNM)

Sequenom (NASDAQ:SQNM) is getting a lot of trader attention this morning on an analyst upgrades.  Lazard removed its SELL rating, but be advised that it is only now a HOLD rating.  This at least takes some concern off the ZERO mark… for now.  SQNM is up 12% at $3.33 at 8:27 AM EST on over [...]