SQNM - Sector: Healthcare---Industry: Medical Equipment & Supplies

[wrangler]

This is another one I bought this week @.64 and is moving good.
• M. D. Anderson's Kleberg Center Selects Sequenom's MassARRAY(R) System and iPLEX(TM) Assay for Epigenomic Studies and Genotyping
PR Newswire (Mon, Feb 6)  
• SEQUENOM INC Files SEC form 8-K, Entry into Material Agreement
EDGAR Online (Mon, Jan 23)  
• GeneSeek Chooses Sequenom's MassARRAY(R) System With iPLEX(TM) for High-Throughput, Multi-Species DNA Testing
PR Newswire (Mon, Dec 19)  

[wrangler]

SQNM : is rocking

[wrangler]

SQNM : just sold half of my shares @.80

[wrangler]

SQNM : just sold some more shares @.78 to lock in some profit and now holding free shares to ride it out if it should decide to go higher

[wrangler]

SQNM : I look for it to pierce it's 200 day MA tomorrow and if it doesn't that's ok for I'm holding free shares now after selling 2/3rds of my position to lock in some profit and shares was bought @.64.
I really think it will move up, guess tomorrow will tell.
Goodluck trading to all

[masternic35]

Hi There Wrangler.

This stock is a bit of a puzzle to me.

Do you have any view on where it is heading ?

[tokyoseminole]

same question here

[wrangler]

Hi masternic35 and tokyoseminole
Looking at chart the RSI is heading up and MACD is heading up and it pierced the 32 DMA with a long white candlestick which showed a lot of buyers jumping on. It could be the beginning of another run . I like to to wait till the candlestick moves above the 32 DMA and stays to confirm the run is happening. Sometimes trying to jumping on the train to fast can lead you in a u-turn heading down. When the candlestick can move above the 32 DMA with volume increasing more with each day along with a white candlestick ending each day higher then previous day,,that will be the time to buy..
Keep posting and I'll help as much as I can but my time is limited because of my work schedule but follow the above and it will help you to decide when the right time to buy will be. Hope this helps
Goodluck trading to the both of you

[kslifka]

Missed this one.  Has had a great few days on great volume with 50dma crossing 200dma

[wrangler]

WOW,,Hi kslifka
SQNM has been doing great since I sold off my shares. Volume was really great today but with stock's breaking 52 week high's you've got to ask when will this thing start to correct and then the downtrend will begin. Sometimes, right before a correction begin's a stock will get some of it's highest volume. I personally wouldn't enter this stock for I think the risk is greater then the reward. That's just my opinoin,,It could go on to make new high's but I would be a nervous wreck while waiting for a chance to sell.
All trader's must decide what amount of risk they are willing to take on any trade and this one to me with 52 week highs doesn't show me a place where I might get my reward you would only be waiting for new high's.
goodluck trading

[kslifka]

I'm not in this one...but SQNM keeps going on good volume.

[wrangler]

Only time can tell on 52 week high's. Today's trading show's either investor's taking some off the table,,,A correction could be happening or beginning of a downtrend. It takes about a week to be able to see for sure but tomorrow will be one to watch especially if today's closing price is lower then yesterday's. Learn to read the candle's or bar's ,,I like using the bar's when trying to figure out what might be happening.

[setravis]

Here is one that made the move off a Double Bottom !

52wk Range: 4.25 - 11.63
Volume: 6,019,525
Avg Vol (3m): 611,568

Technicals
Record Volume
MACD - Bullish
Percentage Gainer

Last Price Quote is:
inf%above 13-day MA
inf%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $349.18 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 08/11/2008
Last Analyst Rating: Buy

[setravis]

SmallCapInvestor.com
Rex Energy, Sequenom and Superior Well Services among 52-week highs
Monday June 9, 4:52 pm ET
Will Atkinson


Rex Energy Corp (NasdaqGM:REXX - News), Sequenom Inc (NasdaqGM:SQNM - News) and Superior Well Services Inc (NasdaqGS:SWSI - News) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

Cytori Therapeutics Inc (NasdaqGM:CYTX - News), Third Wave Technologies Inc (NasdaqGM:TWTI - News) and SeaChange International Inc (NasdaqGM:SEAC - News) are also among the new 52-week highs.

Overture Acquisition Corp (AMEX:NLX - News), Newpark Resources Inc (NYSE:NR - News) and Sports Properties Acquisition Corp (AMEX:HMR - News) were additionally included among the results.


52wk Range: 4.25 - 12.30
Volume: 3,785,837
Avg Vol (3m): 738,022

Technicals
Percentage Gainer

Last Price Quote is:
inf%above 13-day MA
inf%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $538.98 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 08/11/2008
Last Analyst Rating: Buy

[setravis]

AP
Beckman and partner Orchid sue Sequenom
Monday June 9, 5:28 pm ET 
Beckman Coulter and Orchid Cellmark sue Sequenom over analysis system patents


NEW YORK (AP) -- Genetic and molecular diagnostic company Sequenom Inc. said Monday it is being sued over its iPLEX DNA analysis system by Beckman Coulter Inc. and Orchid Cellmark Inc.
Fullerton, Calif. based Beckman and Princeton, N.J.-based Orchid, which both make biomedical instruments and testing equipment, filed the lawsuit in the U.S. District Court of the Southern District of California. In a Securities and Exchange Commission filing Monday, San Diego-based Sequenom said it is being accused of patent infringement.


Beckman and Orchid are asking for a permanent injunction barring the sale of iPLEX products along with unspecified money damages.

Shares of Sequenom fell 53 cents, or 4.1 percent, to $12.30 in after-hours trading after rising 96 cents, or 8.1 percent, to close at $12.83 during the regular trading session.

Meanwhile, Beckman shares fell 1 cent to $69.65 in after-hours trading after falling 29 cents to close at $69.66 during the regular trading session. Orchid shares fell 11 cents, or 3.6 percent, to close at $2.97.