I have no choice but to sit on this now. Wish I could buy more down here to bring my cost per share lower but I can't. I've done a lot of study on sequencing, not necessarily the technical aspects of it but who the players are, who dominates short reads vs long reads, etc and became a 'believer' in the long read science.
Apparently it really is all about cost though and that's the reason why PacBio lags. They say they want to make the chips faster in 1-2 years but that sounds way too long to me based on the competition ramping up. Why don't they try to do it in 6mo-1 year? How do you ask investors to wait 2 years in a fast growth sector?!?! Are they crazy? That's like Netflix saying we want to add all movies (not just the crappy ones) to streaming video. 2 years! Meanwhile Hulu or Amazon Prime figures out how to get all movies on in 6 weeks.
Honestly, do you think the price will ever go back to $14? Would love to hear your thoughts on that. Apparently that entire run was a rumor run so we are back to where we started. Ironically where we started from that run, the stock looked like it was about to tank on Oct2015. Now we are back to the same spot and it looks like it is going to tank again.
NVTA.. here's the thing. I have 75X more PACB than I have of NVTA and I'm in no position to pick up anything else. How's that for planning. ;-(
Recent PACB News
- PacBio Announces the HiFi Solves Sub-fertility Consortium in Asia Pacific • GlobeNewswire Inc. • 09/11/2024 01:05:00 PM
- Revio to Power Research in Male Infertility and Rare Disease at Münster University Hospital • GlobeNewswire Inc. • 09/04/2024 01:05:00 PM
- PacBio to Present at the Morgan Stanley 22nd Annual Global Healthcare Conference • GlobeNewswire Inc. • 08/26/2024 08:03:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 09:27:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 09:25:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:24:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 08:29:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 12:46:25 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/07/2024 08:09:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 08:08:10 PM
- PacBio Announces Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/07/2024 08:05:00 PM
- Singapore’s National Precision Medicine (NPM) programme will partner with PacBio to propel HiFi Sequencing in Southeast Asia • GlobeNewswire Inc. • 08/05/2024 08:05:00 PM
- Novogene to Power Cancer, Rare Disease, and Environmental Research with PacBio Sequencing • GlobeNewswire Inc. • 07/23/2024 01:05:00 PM
- PacBio to Report Second Quarter 2024 Financial Results on August 7, 2024 • GlobeNewswire Inc. • 07/15/2024 08:03:00 PM
- PacBio and International Research Consortium CoLoRS Announce Release of First-Ever HiFi Long-Read Variant Database • PR Newswire (US) • 06/10/2024 01:05:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/30/2024 01:52:04 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 09:25:43 PM
- Ambry Genetics and PacBio Announce Collaboration to Sequence Up to 7,000 Human Genomes Aimed at Providing Answers for Families Battling Rare Diseases • PR Newswire (US) • 05/15/2024 01:45:00 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/09/2024 08:33:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:21:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:12:15 PM
- PacBio Announces First Quarter 2024 Financial Results • PR Newswire (US) • 05/09/2024 08:05:00 PM
- PacBio Announces Preliminary First Quarter 2024 Revenue and Updates 2024 Revenue Guidance • PR Newswire (US) • 04/16/2024 12:05:00 PM
- Estonia National Biobank Selects PacBio to Sequence 10,000 Whole Genomes • PR Newswire (US) • 03/27/2024 12:00:00 PM
- PacBio Grants Equity Incentive Award to New Employee • PR Newswire (US) • 03/22/2024 08:30:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM