Good morning, Paulieme, sincere appreciation for your boardwork.
I called bullchit to the run yesterday @ 5.88 when the stock was up 60% on a PR about PacBio's latest ititeration of it sequencing machine. It's improved but still too expensive- not competitive in the high volume marketplace. Company has never made money, losses are widening and has competitors by the basketful. And now it is going dark on machines sold- not a good sign.
What the company does is laudable but the stock was in the hands of manipulators yesterday. It's a low PPS bio that's a fav of "players".
Hopefully my alert will spare some sad sack from losing his family $$- lot of desperate peeps drawn to these runners.
Stock down over 6% in pre-mkt this morning.
GL,
MG
(reprinted from stock board)
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