SQNM will go DOWN
$2.00 on 1/09/10 (48 days left)
$3.13 (-14.01% from time of market call)
All of the signs are not looking good.
- "Cooperation" with the SEC? Check.
- A purging of management? Check.
- Pay raises for those recently installed? Check.
- An inability to turn a profit? Check.
- Research for their Down Syndrome test being restarted from scratch? Check.
- Debt from their recent lab purchases that occurred before their price plummeted? Check.
Barring any truly good news, this stock is dead. Get out now and short it while it's ripe.