Sequenom (SQNM) Kills All Hope

September 28, 2009 4:15 PM EDT
The investors sentiment on Sequenom Inc. (Nasdaq: SQNM), following news that they completed an independent investigation related to test data for the noninvasive prenatal test for Trisomy 21 (Down syndrome), looks grim.

While investors wanted a clean house (executives terminated), there was not one positive from the release. This could re-open 50% or more lower.

The company reiterates that it is no longer relying on, and the public should no longer rely on, any of the previously announced test data and results for the company's noninvasive prenatal test for Trisomy 21.

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