Back in May, I was looking for a place to invest a small amount of money.
After doing some research, I decided to start investing in a company called Pacific Biosciences (NASDAQ: PACB).
I chose them because they were a small company that had a promising future in genomics. I believe that genomics will be a huge trend in the next 25 years.
Pacific Bio had been struggling financially for years, but their technology had a lot of promise. My thinking was that over the next five years, the company could turn it around.
That was until this past Thursday, November 2, when Illumina (NASDAQ: ILMN) announced that it was buying PACB for a 77% premium from its closing price on that day.
The stock opened up 67% the next morning.
This is why you have to be in the market!!! Amazing things can happen at any moment.