Everyone has opinions. They give you their two-cents worth. I'll give you more. One penny more. That's a cool 50% more than others. And that's wicked value.
The LIVEROCKET investment philosophy is that at any given time, there are amazing companies out there that are building better mousetraps and generating incredible sales. This is not a buy and hold philosophy. No company can maintain exceptional growth and momentum for long.
It was a great opportunity at $40 and an even better one at $38 ;-)
Seriously, this move makes sense, even if the purchasing approach (all stock) dilutes shareholders. That's what the market didn't like.
I fyou want, check this out http://www.illumina.com/General/pdf/Illumina_Solexa_Creating_A_Powerful_Life_Science_Franchise.pdf Pages 10-13 are especially interesting if you want to understand the products and how they mesh. Check out slide 19 for the hockey stick that I love.
It is worth remarking that this happened AFTER earnings. Also, it addresses the question about 'what next.'
I see a lot of overpaying for technology ($600M is a lot for a barely profitable company).
Yet again the market was right - insider selling and a drop-off after results.
It took quite a dip after the Solexa purchase. Are you concerned?
ReplyDeleteI jumped on ILMN at 38.6 based on your buy recommendation -- lets see how this pans out Andrew :)
ReplyDeleteIt was a great opportunity at $40 and an even better one at $38 ;-)
ReplyDeleteSeriously, this move makes sense, even if the purchasing approach (all stock) dilutes shareholders. That's what the market didn't like.
I fyou want, check this out
http://www.illumina.com/General/pdf/Illumina_Solexa_Creating_A_Powerful_Life_Science_Franchise.pdf
Pages 10-13 are especially interesting if you want to understand the products and how they mesh.
Check out slide 19 for the hockey stick that I love.
It is worth remarking that this happened AFTER earnings. Also, it addresses the question about 'what next.'
I see a lot of overpaying for technology ($600M is a lot for a barely profitable company).
Yet again the market was right - insider selling and a drop-off after results.
Can you please publish your current portfolio and stops?
ReplyDelete