Anybody have any ideas which company Brown is pushing now that is supposed to be the greatest bio tech company that makes and is releasing a new model gene sequencer? Push to buy a newsletter for $49.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Could be Twist Bioscience Company (TWST). Currently at $62.97. I believe they have been around for a while, but not sure they have a “new” gene sequencer. Believe I got involved with this one after reading some information from one of the Motley Fool groups. Company claims to have a unique way to produce/replicate DNA.
Thanks for your information.
I think it might be Illumina (ILMN), they already do about 80% of gene sequencers and make most of their revenue from selling the reagents necessary to run tests on their equipment. One report noted this was a company with a “moat”, which means their big jump ahead of others and size makes it hard to compete against them. They announced Wednesday they were in talks to acquire a related company that they already own 14% of and it seemed to scare many off and the price dropped about 8.5%. If possible, may be good time to buy on Thursday if you can get in early, I bet the price will jump back up tomorrow.
it might not
Yes,Jeff Brown’s pick is Illumina. I live about 45 mins. from H.Q. It was $340 when her picked it went to $380 then dropped to $290 today 9/18/20. Great company but rich value. With such companies dropping quite a bit I say watch and wait. jlafea@outlook.com
I couldn’t find a good reason for the big drops. In the long run this should be a good pick for the bio tech industry. I was told a very wise tale that ended with, “Don;t be a miner, sell shovels to miners.” That is what these guys are doing. Think about it — at the end of the gold rush miners were all broke and the guy who built the greatest “mercantile” industry was wicked rich.
Just like Fredrick Trump in the Yukon! Grandpa Trump, who ran Whore Houses and sold to the Miners, knew how to make money on the backs of others!
How is it not Pacific BioSciences?
It is 1000% illumina-not sure how to answer how its not pacific bio lol
no it’s not
JB’s has only four biotech recommendations on his $49/yr service: they are ILMN and REGN, BMRN, and VRTX. The only one that fits is ILMN.