Is Sequenom (SQNM) a Speculative Play?

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Shares of Sequenom Inc. (NYSE: SQNM) continue on the upside today, up $.044 to $4.29, on heavy volume. The stock is up over 11% while the broader indices are on the downside due to the Dubai debt problems.

With no news on SQNM, it could be a speculative play. Top institutional holders of SQNM include Franklin Resources Inc. (NYSE: BEN), Vanguard Group, and Goldman Sachs Group Inc. (NYSE: GS).


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