$PACB riding the coattails of $LIFE takeover story

Breaking news: Private Equity Group Reportedly Looking At Life Technologies

All of a sudden, DNA-sequencing or Gene-sequencing is catching the limelight.  Why not?  If the technology can contribute to our biological science to improve our  quality of life, it is time to celebrate!

Look at the daily chart below:


We are seeing a potential double-breakout today if price action can close over $2.39 today.  I like to see price action makes a run for the previous high of $3.25.

$LIFE is a $10.5 billion market cap company, if $PACB can compete, even in a small way, its value is way undervalued right now for the potential since this is essentially still a small-cap company with a lot of room to grow.

My 2 cents.


Categories: PACB

Tags: , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: