What are you doing with your shares of ILMN? I’ve got shares from vested RSUs and ESPPs. I’ve been just buying and holding. Anybody else have a more thoughtful strategy?
9 replies (most recent on top)
@162 it definitely not going to go up after the fantastic day Roche had at ASHG this week: Guinness record for Sequencing WGS: 4 hours! 12 times less than ILMN. Sequencing cost way lower.
Then Elements launching a HT sequencer soon at $650K..half price of NSX.
I'm in the process of selling all of it through the end of the year even if it's at a loss. I was holding out for a while hoping things would get better but I've given up now. Should've pulled out a while ago and invested elsewhere. ILMN down 75% in the last 4 years while S&P 500 is up 50% in the same time. Kicking myself for holding on too long.
@jv :you nailed it! so sad but so true.
I stopped contributing to the ESPP and sell my stock shortly after they vest. I used to hold for at least a year for the tax benefit but got burned too many times with the stock going lower and lower. I use the proceeds to buy ETFs.
imagine getting RSUs at $503, then vesting at $93........
Imagine thinking that they will ever go as high as $130. Ever. Again.
Imagine seeing the value of the company collpase under the weight of hubris and arrogance in less than 5 years.
But at least we have our values.
You mean you guys are getting stocks??????
I usually sell mine a day or two after window opens up. Too much risk having my paycheck and investments being in one company.
Sell them before they turn into toilet papers ~ ILMN BEAR
I previously would hold espp for a year or two so the 15% discount is taxed at long term capital gains rate. With the stock the way it is, I have stocks contributing to the espp. Personally speaking, I have sold all ILMN stock due to its downward trajectory. I would advise against holdinf a lot of Illumina stock. There are much better growth stocks and index funds you can buy. For RSUs I sell when they vest and then take that money into an ETF.